Market Top? Part III
I recommend reading the full text on this one. Read it slowly and read it two or three times, until it sinks in. This market sage gives real insights into how to read the markets behaviour.
Walter Deemer, for 40-some odd years, this master of the delicate art of studying stock-market cycles has applied himself with singular devotion; he was an apprentice to Bob Farrell at Merrill Lynch in the early Sixties, spent time with Gerry Tsai at the Manhattan Fund in the late Sixties, and served as head of market analysis at Putnam Investments during its heyday in the Seventies.
See: Goldmarkets - Barron's Feature - Prince of Tides
http://goldmarkets.homestead.com/Market_cycles.html
Walter Deemer, for 40-some odd years, this master of the delicate art of studying stock-market cycles has applied himself with singular devotion; he was an apprentice to Bob Farrell at Merrill Lynch in the early Sixties, spent time with Gerry Tsai at the Manhattan Fund in the late Sixties, and served as head of market analysis at Putnam Investments during its heyday in the Seventies.
See: Goldmarkets - Barron's Feature - Prince of Tides
http://goldmarkets.homestead.com/Market_cycles.html
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