A professional advisor, author, and lecturer, Gerald Appel is recognized internationally as an investment expert. In 1973, he founded Signalert, a registered investment advisory company which handles over a half-billion dollars of client investments. Mr. Appel also continues to be involved in Systems & Forecasts, a newsletter he founded in 1973 that is read by money managers, analysts, and private investors from around the world. He is also the inventor of MACD, the Moving Average Convergence/Divergence indicator, a statistical stock market timing model that is widely respected and used by investors and money managers alike. Mr. Appel has written numerous articles for publications, such as Smart Money, Money magazine, Barron's, and Stocks and Commodities, and has also published ten books on investment and market timing. Two of his books have been designated the "Investment Book of the Year" by The Stock Trader's Almanac. Mr. Appel has been cited by numerous publications, including The Wall Street Journal, The New York Times, Futures magazine, Forbes, The Commodity Trader's Consumer Report, Timer Digest, and The Hulbert Financial Digest. He has also appeared on Wall $treet Week With Louis Rukeyser and is a regular guest on various financial news networks.