Point and Figure Charting : The Essential Application for Forecasting and Tracking Market Prices

by Dorsey, Thomas J.

• ISBN13: 9780470043516
• ISBN10: 0470043512
• Edition: 3rd
• Format: Hardcover
• Copyright: 2007-03-30
• Publisher: Wiley

Summary

"Everyone who's involved in financial markets must understand Point and Figure charting in order to get the full picture, whatever your view of technical analysis". - Jim Rogers, author of Hot Commodities and Investment Biker "An invaluable road map for managing risk in the markets. Tom's methodology has given us the discipline and confidence to look around corners for our clients for almost twenty years." - James A. Parish, President and COO, Morgan Keegan & Co., Private Client Group "Tom Dorsey continues to be one of the foremost authorities on Point and Figure charting. His relative strength analyses are essential for investors and traders alike. Furthermore, I always want to know what his NYSE Bullish Percent Indicators is "saying." - Lawrence G. McMillan, President, McMillan Analysis Corp., www.optionstrategist.com "Tom Dorsey has done it again... he has taken his 30-plus years of unending devotion, talents, and insights in technical analysis and applied them to Exchange Traded Funds. He begins with the history of ETFs, explains how different they are from mutual funds, and then applies his expertise in Point and Figure charting to help traders and investors time their purchases and sales." - Ralph J. Acampora, CMT, Director of Technical research, Knight Capital "Reading Tom Dorsey's Point & Figure Charting is the like procuring a road map before you begin a journey. It's a comprehensive look at how to succeed in the markets. This book is not only essential but easy to follow for everyone." - Paulo Pinto, CEO, Dif Broker "Point and Figure Charting has become a valuable part of my daily trading routine. As an investment professional, it makes perfect sense to use Tom's methods in conjunction with fundamental analysis." - Damion Carufe, Investment Professional

Author Biography

Thomas J. Dorsey is President of Dorsey, Wright & Associates, a registered investment advisory firm that specializes in research and structured products around the Point and Figure method of technical analysis. Formerly a senior vice president and director of options strategies with Wheat First Securities and a stockbroker with Merrill Lynch, Dorsey has become the world's foremost expert in Point and Figure charting. He has had appearances on mainstream financial media including being a regular guest on FOX News' Cavuto on Business and received the Distinguished Speaker Award from the Wharton School of Finance Securities Industry Association. Mr. Dorsey is also the author of the Second Edition of Point and Figure Charting and Commodity Strategies, both published by Wiley.

Table of Contents

Acknowledgments	p. vii
Learn the Point and Figure Methodology
Introduction	p. 3
Point and Figure Chart Fundamentals	p. 21
Chart Patterns	p. 55
Foundations of Relative Strength	p. 103
Advanced Relative Strength Concepts	p. 141
Primary Market Indicators for Gauging Risk	p. 177
Secondary Market Indicators	p. 223
Sector Rotation Tools	p. 249
The Point and Figure Methodology-A Complete Analysis Tool
Fixed Income Indicators	p. 279
Utilizing the Exchanged Traded Fund Market	p. 295
Evaluating the Commodity Market for Opportunities	p. 323
Apply the Point and Figure Methodology to Your Investment Process
Portfolio Construction and Management	p. 361
About the CD-ROM	p. 371
Index	p. 375
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