In the summer of 2007, the financial markets felt off and the feeling was nearly of a crash coming.
The feeling was strong enough that it was worth trying to find the technical causes of the Crash of '87 to see if there were any similarities to the markets that fall. Instead, the Twin Peaks were found - or the S&P's massive Double Top pattern with a target of 425 - and from it came Twin Peaks and Twin Bubbles: The Technical Case for a Long and Punishing Bear Market in very rough form in early February 2008.
Fast forward by a year and a half and Peak Theories Research began in May 2009 with Twin Peaks and Halfway Down: The Technical Case for a Long and Punishing Bear Market.
From there, PTR's self-taught brand of pattern and trend analysis blossomed into The Weekly Peak and then The Daily Peak along with The Peak Points with this entire evolution captured in a now-expanded web site.
Enjoy!
Abigail F. Doolittle
Abigail Doolittle is the founder of Peak Theories Research, an on-line research firm that has provided technical analysis of the financial markets since 2009. As an analyst with PTR, Abigail primarily analyzes the charts of the equity, fixed income, currency and commodity markets through pattern and trend analysis. She is a self-taught chartist and focuses mainly on macro trends.
Abigail is a contributor to CNBC and appears on many of the network’s programs to provide independent analysis of various financial market charts and to connect those technicals with the fundamentals.
Prior to PTR, Abigail spent four years as a Portfolio Manager and Director of Business Development at Hugh Johnson Advisors where she managed the portfolios of high net worth individuals and small- to medium-sized institutions. She was a member of the firm’s investment committee and was routinely a part of macro portfolio decisions that was led by the highly respected investment strategist Hugh Johnson.
She met Hugh during the nearly six years she spent at the former First Albany Capital as an Institutional Equity Salesperson and a Research Product Manager. During this time, Abigail advised her buy-side clients on FAC’s equity research and had daily interaction with her clients that included AIM Funds, Morgan Stanley Investment Management, Oppenheimer Funds and New York State Teachers’ Retirement System. She worked on several IPOs and secondary offerings and frequently visited her clients in New York and Texas with the CEOs and CFOs from various Fortune 500 companies as well.
Abigail started her career on Wall Street with Morgan Stanley’s investment banking department as a financial analyst after graduating from Colgate University with a degree in philosophy.
