Preface What this book is about This book is about Point and Figure charts; anyone wishing to practise Technical Analysis of the markets should be fully conversant with them. They may be the oldest method of charting the market in…

PORTFOLIO CONSTRUCTION AND MANAGEMENT Thus far, in the book we have dissected the puzzle and examined each piece separately. Let’s take a few moments and succinctly sum up the investment process. Think of this method of portfolio management as an…

EVALUATING THE COMMODITY MARKET FOR OPPORTUNITIES It was October 19, 1987, another typical Monday morning, we prepared for the normal call volume of questions on which stock to buy, which to sell, what sector to consider, and all the other…

UTILIZING THE EXCHANGE TRADED FUND MARKET Timing Is Everything It is said that timing is everything. In my life, I certainly have found this to be true. I remember my early navy days and how just four short months changed…

THE POINT AND FIGURE METHODOLOGY —A COMPLETE ANALYSIS TOOL Chapter 9 FIXED INCOME INDICATORS One of the most important themes in the market to keep close track of is the fixed income area. Fixed income is always battling the stock…

SECTOR ROTATION TOOLS Sector Analysis with Bullish Percent Indexes The same Bullish Percent concept that is applied to the NYSE, OTC, Mutual Fund, and International markets can be applied to sectors within the market. In fact, on our web site…

SECONDARY MARKET INDICATORS The first edition of this book was published in 1995, and the second edition was published in 2001. I felt it was time for a third edition because we have continued to develop and apply the Point…

  PRIMARY MARKET INDICATORS FOR GAUGING RISK This chapter on the New York Stock Exchange (NYSE) Bullish Percent covers a critical area of investment strategy (see Figures 6.1a through 6.1c). It is critical that you grasp this concept thor- oughly….

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…