It was big news last year when Louise Yamada and Ralph Acampora, two of the biggest names in technical research, were let go by Citigroup and Prudential. Many people proclaimed the death of technical research. There have been some signs of a comeback. Yamada founded her own firm, amid strong institutional demand for her services. Acampora has joined Knight Capital and seems to be doing well. Some others, like Dick Arms, are expanding. But in general, while the decline may be controlled, the Street is not likely to bring back the discipline in a big way. The buyside seems more intent on other approaches. But when you think about it: technical analysis is alive and well in the form of algorithmic trading programs. Perhaps this is the ultimate triumph, one that necessitated a changing of the guard.

For more on this:
- Here's an article from Investment Dealers' Digest (For FierceFinance readers)
- The research industry has been a topic of much discussion lately. Article