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Q&A: Paul Desmond of Lowry's, Part II

Stock quotes in this article: ^DJI , ^IXIC , ^SPX  

Editor's note: In part I of Barry Ritholtz's interview with award-winning technician Paul Desmond of Lowry's Reports, Desmond discussed his research identifying market bottoms. Today, he talks about a more recent analytical paper that looks at how to identify market tops:

I just got an email from a friend who I had pinged before and mentioned I was speaking with you. He writes: 'Tell him I loved his early work with the Dave Brubeck Quartet.' I don't know how many times you've heard that joke.

(Laughing) Oh, many, many times, yeah. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,465.76 1,110.63 2,177.14 32.73
Oil *
78.56
UP
32.05
UP
4.98
UP
7.96
DOWN
0.44
10 Yr
3.27%
SPDR Gold
116.58
+0.31%
+0.45%
+0.37%
-1.33%
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