George Lane (technical analysis)
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George Lane,( 1939 - July 7, 2004) was a name well known in the technical analysis community The stochastic oscillator, which he made popular but not invented, is one of the most popular indicators in use today.
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[edit] Education
George's education was very extensive, he attended Drake University, Washington and Lee University, Northwestern University, The Academy, The Citadel, William and Mary, and the New School.
[edit] Career
In 1953 his family sold their business and George went on to work at E.F. Hutton as luck would have it he was sent to New York for his formal broker training under the tutelage of Joe Granville. He moved on to "Investment Educators Inc" working initially as an analyst and later developing the Stochastic Process (Lane’s Stochastics).
“Stochastics measures the momentum of price. If you visualize a rocket going up in the air – before it can turn down, it must slow down. Momentum always changes direction before price.”[1]
