Archive for the ‘PAUL DESMOND’ category

2002 MTA Award – Identifying Bear Market Bottoms & New Bull Markets by Paul Desmond

July 22, 2014

07/22/14 . . .  by Bob Karrow


  • My charts were completely revamped during June 2014 and minor alteration are always underway.  If you haven’t seen them recently, make sure and take a look.  My charts consist of all the items that Paul Desmond warned about in his paper, “THE WARNING SIGNS OF MAJOR MARKET TOPS”


  • If you aren’t familiar with my unorthodox wave counting method, there is a simple explanation at the beginning of the glossary. The glossary also contains lots of other details (explanations) that don’t appear in the blog.



  • A lot of visitors to my blog are looking for information on T-Theory ®.  The below link will take you to the index of all of Terry’s comments during the period Dec 2003 to June 2011.  There are a considerable amount of charts and audio material from Terry Laundry in this section.
  • If you are looking for the ability to make your own predictions using T-THEORY ®, I would highly recommend Terry’s Encyclopedia on T-THEORY ®


  2002 MTA AWARD The 2002 MTA (Market Technicians Association) award was won by Paul Desmond for his article “Identifying Bear Market Bottoms & New Bull Markets”.  It’s a good indicator and very useful identifying the ending panic selling stages of a bear market, plus it shows the initial buying surges at the kickoff of a new bull market.  The paper is available in PDF form at the link below.

  • Lowry Research was founded in 1938, and is the nation’s oldest continuously published stock market analysis based exclusively on the Law of Supply and Demand. Lowry Research was honored in 2009, 2010, and 2012 as the Best Equity Research and Strategy by the Technical Analyst Magazine of London. Paul is a Past President of the Market Technicians Association and is a Founding Member of the American Association of Professional Technical Analysts. He was honored as the recipient of the prestigious Charles H. Dow Award, sponsored by Dow Jones & Co. in 2002 for his paper on 90% Upside and Downside Days, titled Identifying Bear Market Bottoms and New Bull Markets. He was also honored in 2009 as the Technical Analyst of the Year by the Technical Analyst Magazine of London.
  • Paul Desmond is the President of Lowry Research Corporation, located in Palm Beach Gardens, Florida.
  • LOWRY RESEARCH  is an excellent technical service and I was a subscriber to their service.  Jeff Saut frequently mentions their indicators and service in his weekly strategy column.


  • Click on any chart to enlarge it
  • ES is SP 500 futures
  • YM is DJ Industrial futures
  • NQ is NASDAQ Composite futures
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