Dear Subscriber,

On this Christmas Eve, I would like to wish all my subscribers a Merry and safe Christmas and the very best of health, wealth and happiness for the New Year.

It has not been an easy year for any of you and I thank you all for staying with us through these difficult times.

As a subscriber, you have an interest in technical analysis, and so we share a common interest in mathematics. As a physics/math major I was delighted to discover¹ that in addition to the usual suspect we celebrate tomorrow, we can also celebrate the birthday of a giant on whose shoulders we stand², Isaac Newton, who was born on or near Christmas Day 1642.

May we be led by giants in the New Year.

Mike Gibbons

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¹ The Ten Days of Newton

² Newton famously remarked in a letter to his rival Robert Hooke dated February 5, 1676 that:

"What Descartes did was a good step. You have added much several ways, and especially in taking the colours of thin plates into philosophical consideration. If I have seen a little further it is by standing on the shoulders of Giants."