Mr. Merritt has utilized his telecom experience and his expertise in technical analysis to create a boutique investment fund. Since 2003 he has been responsible for directing the investment and trading initiatives of the fund. Wireless and wireline service providers and telecom network manufacturers are areas of focus. Technical anlysis is the primary basis for the daily, full time trading endeavors. It is a method that organizes collective behavior into identifiable patterns that provide an indication of when there exists a greater probability of one event happening over another. Employed are candlesticks, moving averages, MACD, stochastics, ADX, rate of change, momentum, relative strength, price, volume and chart formations.