Point and Figure Charting: The Essential Application for Forecasting and Tracking Market Prices, 2nd Edition

by Thomas J. Dorsey

• ISBN13: 9780471412922
• ISBN10: 0471412929
• Edition: 2nd
• Format: Hardcover
• Copyright: 2001-07-01
• Publisher: Wiley

Summary

The classic source for the technical analysis discipline now brings readers up to date in techniques and technologyNow, in this second edition of the classic text, expert Thomas Dorsey shows, step-by-step, how to create, maintain, and interpret your own point and figure charts. He explains how you can use your findings to track and forecast market prices and develop an overall investment strategy. Perhaps most importantly, he helps you develop confidence in the market and take decisive action at the appropriate time, rather than reacting after the fact. Dorsey also highlights new developments in the field and incorporates the use of recently developed software to track any market using point and figure methods. Written for both new and experienced P & F chartists, this updated edition of a technical analysis classic brings point and figure charting into the Internet age.Thomas J. Dorsey (Richmond, VA) is President of Dorsey, Wright & Associates, a registered investment advisory firm that uses point and figure charting as its main source of technical analysis.

Author Biography

Thomas J. Dorsey is President of Dorsey, Wright, & Associates, a registered investment advisory firm.

Table of Contents

Introduction	1	(16)
Point and Figure Fundamentals	17	(28)
Chart Patterns: Recording the Battle Between Supply and Demand	45	(42)
The Importance of Relative Strength	87	(28)
The New York Stock Exchange and OTC Bullish Percent Concept: The Most Important Market Indicators	115	(40)
Other Market Indicators	155	(28)
Sector Analysis	183	(24)
Managing Risk in a Portfolio with Options and Exchange Traded Funds	207	(40)
Putting It All Together	247	(38)
Index	285