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It is with a heavy heart that we announce the passing of our dad Alan R. Shaw, a distinguished and iconic market technician with a remarkable career spanning 46 -years on Wall Street. Born in Brooklyn on July 7, 1938 and raised in Baldwin NY he became the youngest Eagle Scout in Nasau County history at age 13. This foreshadowed a lifetime characterized by leadership, determination, and a commitment to excellence. Alan then dedicated his life to the financial world, leaving an indelible mark on the industry. Alan’s journey in the world of finance began in 1958, and lasted for nearly five decades, he honed his skills first, as fundamental securities analyst and then a Managing Director and head of Technical Research at Harris Upham & Co. before the merger with Smith Barney Harris Upham. Contributing significantly to the growth and success of both firms, it was there Alan coined the term “THE TREND IS YOUR FRIEND”. His analytical prowess and keen insights into market trends earned him the respect and admiration of colleagues and peers alike. Known for his unwavering commitment to excellence, Alan navigated the complexities of the financial markets with a rare blend of expertise and foresight. The Chartroom he navigated at Smith Barney was affectionately known as the “war room”. Colleagues remember him as a mentor, always willing to share his knowledge and guide others in their professional journeys. He leaves behind a legacy of dedication, integrity, and a passion that will be remembered by all who had the privilege of working alongside him.

Alan was also a professor, every Tuesday night for 30 years, at the New York institute of Finance, former president of the Chartered Market Technician Association (CMT), was an allied member of the New York Stock Exchange (NYSE) and Supervisory Analyst. A member of the New York Society of Security Analyst, Alan was the founder and first president of the New York Society of Junior Security Analysts, in addition to co-founding the CMT association. He also received an honorary Doctorate Degree from Susquehanna University. Beyond the bustling streets of Manhattan, Alan was a loving family man. He was Commodore of Unqua Yacht Club in Amityville, where his passion for the Great South Bay, boating and leadership converged. His kindness, generosity, and witty sense of humor created a warm and welcoming environment for those fortunate enough to know him personally. As we mourn the loss of a Wall Street icon, we also the celebrate the life of Alan, a true pioneer in the field of Technical Analysis. His contributions will be forever remembered, and his impact will continue to shape the future of Wall Street. May his soul rest in peace knowing he left behind a legacy that will inspire future generations in the world of finance. Alan is survived by his three sons Stephen (Anjan) of Queens NY, Todd (Kristen) of Babylon NY and Bradley of Patchogue. As well as his four grandchildren, Blake, Patrick, William and Brady. He is also survived by his sister Suzanne (Lee) Gaskell.

Save The Great South Bay, Inc. PO Box 373 Babylon, NY 11702 https://savethegreatsouthbay.org/donate/ or Community Resources Staten Island, Inc. https://cr-si.org/support-us/