BiographyW.H.C. (Charles) Bassetti
Managing Partner, John Magee Technical Analysis:: Delphic Options Research ltd; edwards-magee.com
Summary of Experience
1960 Beginning of trading experience as private investor.
1963 Became client and student of John Magee, a very long term relationship.
1964-72 Venture capital investing and market trading while practicing as a systems engineer (installed Saturn Rocket Systems at NASA) and computer company executive (CEO Comptran Computers of Mexico).
1972 Began trading commodity futures with computerized systems.
1973-1984 Principal and Vice President of California's first licensed commodity trading advisor, Commodity Investment Service Inc. Registered with CFTC as CTA having passed appropriate exams. Obtained first permission by Merrill Lynch, Dean Witter, E.F. Hutton, Drexel Burnham to present managed trading programs to their clients and traveled widely across the country giving seminars and lectures for brokers and clients. Originated idea of commodity futures mutual funds and managed some of the first funds with trading partners. Traded personal and client accounts in futures, oil and venture capital.
1984-88 CEO Options Research Inc. Founded by Blair Hull of Hull Trading Co of Chicago (largest market maker on the floor of the CBOE) ORI was the first company to computerize the analysis of options and futures. Clients for analytical and portfolio services included among others Morgan Stanley, First Boston, Kidder Peabody and market makers and professional traders in Chicago, New York and San Francisco.
1986-1998 Founded Micro Options Research Corp (President) which as joint venture partner of Standard and Poor's implemented Options Monitoring System on S&P computers with Prudential Securities as its flagship client.
1986 President OR Capital which managed options arbitrage capital with a brilliant record in the crash of '87.
1987 Managing Partner Options Research & Trading, Ltd. a market maker with a seat on the PSE.
1997-Present Editor of the second, revised edition of Magee's book General Semantics of Wall Street. Editor/coauthor of the eighth edition of Edwards & Magee's Technical Analysis of Stock Trends. Editor/coauthor of the ninth and tenth editions of Edwards & Magee's Technical Analysis of Stock Trends. Editor/coauthor 2nd edition Analyzing Bar Charts for Profit. (Feb 2002) (retitled The Introduction to the Magee System of Technical Analysis). Author, Zen Simple. Beat the Market with a Ruler; Stairstops; Sacred Chickens, the Holy Grail and Dow Theory; Signals and 10 Trading Lessons. Articles: Various industry magazines (Technical Analysis of Stocks...)
1996-2001 Instructor in Finance Dept. University of California Berkeley Extension. Subjects: Technical Analysis and VAR. Lecturer on VAR for New York Institute of Finance at Santiago, Chile. (Fluent Spanish.)
1999-Present Malcom S.M. Watts III Adjunct Professor of Finance and Economics, Golden Gate University.
Education: Harvard College, Cambridge, Massachusetts, A.B. cum laude. Courses in business and finance, University of California, Berkeley, Extension.
Areas of Research / Professional Expertise