I was saddened to learn today that Paul Desmond of Lowry’s Research has passed away.
I had become aware of his work in 2004-05, and had multiple conversations and email exchanges with him about the ways markets behave as they are topping. That evolved in 2006 into a long interview (see below), and a visit to Masters in Business in 2015. His award winning thesis about market internals during the topping process became one of the core tenets of the rules-driven tactical portfolio we manage at RWM.
He was very generous with his time, and always had a few encouraging words for a young goof ball like me. Paul was not only a tremendous technician, he was also a hell of a nice human being. He will be greatly missed.
See below for our prior conversations
MiB: Paul Desmond of Lowry’s Research (October 24, 2015)
Q&A: Paul Desmond of Lowry’s Reports (February 18, 2011)
Q&A: Paul Desmond of Lowry’s, Part II (February 19, 2011)
(Parts I & II were originally published at The Street.com, in February 2006)