General Investing >> Analyst Interviews >> May 4, 2009
Steven M. Frenkel is the Chief Technical Analyst for PatternWatch, a weekly
market-forecasting newsletter. Prior to his current position, he was chief
market strategist for both Fordham Financial Management, a small New York City
investment bank, in 2006, and Ladenburg Thalmann & Co., a mid-tier New York
city-based investment bank and member of the New York Stock Exchange, from 1999-
2001. Before joining Ladenburg, Thalmann & Co., he was the Vice President of
Research at Joseph Stevens & Company, a New York-based retail brokerage and
investment banking firm, where he specialized in technical analysis and
undervalued small cap information processing, networking, technology and
healthcare companies. From May 1997 until November 1998 he was Director of
Research for Paragon Capital Corporation. Previously he was President of Steven
M. Frenkel Associates, a metropolitan New York financial consulting firm and a
Founder and Director of Discovery Pharmaceuticals, a development-stage medical
device and pharmaceutical company. He received a BA degree in Chemistry in 1974
from the University of Pennsylvania and completed course work toward an MS
degree in Chemistry at Rutgers University. After four years of diversified
experience in the chemical industry, he entered the brokerage industry where, as
a top producing account executive for several small NASD member brokerage firms,
he did investment banking for emerging high technology and biotechnology
companies. He was Vice President, Financial Principal and Research Director of
Berkeley Securities Corp., New York City, from 1986-1990 and from 1986 to 2006
the author of Frenkly Speaking, a financial column in which he gave
intermediate-term analyses of stocks, bonds, precious metals, commodities,
currencies and real estate. In 1994 and 2000, Frenkly Speaking accurately called
the top in the stock market, as did PatternWatch in 2007. Mr. Frenkel has been a
frequent guest on Bloomberg TV, CNNfN and CNBC. Profile
TWST: Would you start by telling us about yourself and about PatternWatch?Mr. Frenkel: I have had varied experiences and a long career on Wall Street,
first as a stockbroker, then as a