When faced with analysing a Point and Figure chart, there are a number of thought processes you need to go through. This chapter takes you through those processes so that you can make the decisions that affect the look and…

One of the biggest advantages of Point and Figure charts is ‘the count’, as it is called, which is the ability to project price targets from the chart. As with 45° trend lines, these counts are objective. They are potential…

Before you can use Point and Figure charts, you need to understand what the charts are telling you. Because no time is involved in their construction, the chart can show one thing only: uncontaminated supply and demand. Uncontaminated, because the…

Already you will have seen that Point and Figure charts are different from any other type of chart. In order to define them however, certain characteristics must be enumerated and discussed. These characteristics are also important for the understanding and…

Point and Figure charts are unique to Technical Analysis. Their roots are in the markets and have fascinated Technical Analysts for over a hundred years. Chart 1-1 below shows a Point and Figure chart ofWhitbread pic, the same company shown…

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…