Vale Dawn Bolton-Smith

It is with great sadness that the Management Committee of the Australian Professional Technical Analysts (APTA) inform that our long term member Dawn Bolton-Smith passed away last night, 29th August 2017.

Dawn was a legendary Technical Analyst with more than 50 years of experience.

After training as an accountant, in 1962 Dawn enrolled in a Technical Analysis course at the Mosman Evening College in Sydney. Her lecturer was the late Ian Notley, who later became a leading market analyst with offices in all of the major global financial centres.

Inspired by Notley’s teachings and the text book, Technical Analysis of Stock Trends by Edwards and Magee, she became the first Technical Analyst to be employed in the Australian stock market. Around this time Dawn enjoyed an experience of a lifetime: perhaps the greatest boom and bust in the history of the Australian resources sector, with stocks like the notable nickel miner Poseidon, rising from 80 cents to $280 within the space of six months prior to a rapid demise.

Over the years, Dawn achieved a reputation for her accurate market calls. In 1973 she predicted the 1974 share market crash to within four points of the bottom.

Dawn had a great passion for Technical Analysis and was always ready to share her vast knowledge with fellow practitioners. For many years, she wrote a column for The Sunday Telegraph newspaper in Sydney and was the first chartist for The Bulletin magazine. From 1976 to 1978 she was the editor of the trading newsletter called Trendex. Dawn told many a tale of her experiences in the financial services industry including an episode when she sold gold futures at US$840 before they opened the next day down US$220.

Over a long and prestigious career, she gave many presentations throughout Australia to beginners and seasoned professionals alike. She was a founding member and Vice President of Australia’s first Technical Analysis Association and was honoured with Life Member status of that organisation.

The Management Committee of the Australian Professional Technical Analysts (APTA) and APTA members, greatly respected Dawn as a person, as well as her career in Technical Analysis and, were honoured that Dawn had elected to become a member of our association.

Dawn will be sadly missed.

May her soul rest in peace.

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