ADVANCED RELATIVE STRENGTH CONCEPTS In the previous chapter, we introduced the concept of Relative Strength (RS)—providing its definition, and a basic interpretation of an RS chart as it pertains to a particular stock. The overriding theme was to demonstrate to…

FOUNDATIONS OF RELATIVE STRENGTH “Ever hear the one about the two guys camping in the woods and a bear appears? As one guy starts running, the other stops to put on his sneakers. ‘What are you doing?’ the first guy…

CHART PATTERNS Recording the Battle between Supply and Demand The backbone of the Point and Figure analysis is the chart pattern. The beauty of this method is its ability to form simple chart pat- terns that record the battle between…

POINT AND FIGURE FUNDAMENTALS Many investors are familiar with charts of some kind or other, whether from school or reading newspapers or magazines. Point and Figure charts were developed over 100 years ago and have stood the test of time….

Point and Figure Charting: A Lost Art I would never have thought we would be embarking on the third edition of this book when I wrote the first edition. I know now that this will not be the last edition…