Of Merrill Lynch
The Technical Tradition Continues
Continuing the technical tradition begun by Bob Farrell,
Merrill Lynch chief market analyst Richard McCabe has
been Mr.Technical Analysis at the world’s largest brokerage
since 1993, following in Farrell’s footsteps. McCabe heads
a staff scattered around the world that brings to the company’s
stock evaluation process the insights into the market’s condition that technical analysis offers. A Merrill Lynch loyalist
his entire career, McCabe joined Farrell’s shop in 1964 and
has practiced technical analysis since then. What approach
has been sanctioned by the brokerage’s movers and shakers?
How does Merrill fit technical analysis into its world and
present it to its customers? And which customers listen?
STOCKS & COMMODITIES Interim Editor John Sweeney conducted this interview via telephone on March 27, 2000, to get
a take on technical analysis in the big time.