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Home : Louis Mendelsohn's Biography
Louis B. Mendelsohn
Louis B. Mendelsohn is a pioneer in the application of personal computers to the financial markets. He is President and Chief Executive Officer of Market Technologies which he founded in 1979 to develop technical analysis trading software for use by commodity futures traders. Mr. Mendelsohn, himself, began trading individual stocks in the early 1970s, followed by stock options. Then, in the late 1970s, while working as a hospital administrator, he switched to commodities, as both a day and position trader, and began utilizing personal computers in his technical analysis research. In 1980 he left hospital administration to trade full-time and continue his research at applying personal computers to technical analysis. Three years later Mr. Mendelsohn pioneered the first commercially available strategy back-testing and optimization trading software for personal computers. By the mid-1980s these capabilities had become the standard in technical analysis software for both stock and futures traders. But Mr. Mendelsohn did not stop there. Recognizing the emerging trend toward globalization of the world's financial markets, in 1986 Mr. Mendelsohn again broke new ground in technical analysis when he developed the first commercial intermarket analysis software in the financial industry for personal computers. Building on his extensive research in the 1980s involving intermarket analysis, in 1991 Mr. Mendelsohn released VantagePoint Intermarket Analysis Software, which makes short term market forecasts based upon the pattern recognition capabilities of neural networks. Since then, Mr. Mendelsohn's research has continued to focus on intermarket analysis and market forecasting. Mr. Mendelsohn has written extensively since 1983 in many prominent financial publications including Barron's, Futures, and Technical Analysis of Stocks & Commodities. He has been widely quoted in the financial media including the Wall Street Journal and Investor's Business Daily, has collaborated on more than half a dozen books on technical analysis, and has been interviewed live on national radio and television, including CNNfn, Bloomberg Television, and CNBC. Mr. Mendelsohn's first book, Trend Forecasting with Technical Analysis: Unleashing the Hidden Power of Intermarket Analysis to Beat the Market, was released in December 2000. His second book, Forex Trading Using Intermarket Analysis: Discovering Hidden Market Relationships That Provide Early Clues For Price Direction was released in March 2006. A complete collection of Louis Mendelsohn's writings is available for your review at Louis Mendelsohn's Library.
Because of his achievements in the application of computers and information technologies to technical analysis over the past quarter century, Mr. Mendelsohn's biography is included in Marquis Who's Who in the World, Who's Who in America, Who's Who in Finance and Industry, and in a time capsule at the White House in Washington, D. C. He has been a full member of the Market Technicians Association since 1988 and a colleague of the International Federation of Technical Analysts. Born in 1948 in Providence, Rhode Island, Mr. Mendelsohn received a B.S. degree in Administration and Management Science from Carnegie Mellon University's Tepper School of Business in 1969, a M.S.W. degree from the State University of New York at Buffalo in 1973, and a M.B.A. degree with Honors from Boston University in 1977. As an avid collector of antique office technology and equipment, Mr. Mendelsohn has antique typewriters and pre-electric calculating machines (which are early forerunners to today's personal computers) that date back to the late 1800s on display in his private office. He also collects classic cars, including his favorite, a 1937 Buick four-door sedan luxo-rod. Mr. Mendelsohn, his wife of 31 years, and two of his three sons live on a ranch near Tampa, Florida where they raise Paso Fino horses and a variety of cattle and other livestock.
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