My guest this episode is Tim Knight, who has been a trader since 1987. Knight founded Prophet, a web-based technical analysis company that was acquired by Investools (and, later, Ameritrade) in January 2005. In his professional role as a hedge fund manager today, Tim relies on technical analysis as the primary basis for his investment decisions. He also hosts a daily show on the TastyTrade network, Trading the Close. The interesting thing about Tim is he is not only a great chartist, but he is also a permabear. (Even if you eternally optimistic about the markets you can still gain insights from Knight.) In this episode we discuss charting, how Tim got his start in the business, his thoughts on the Federal Reserve and if he thinks the next crisis is just around the corner.