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Mullooly Asset Management, Inc

Mullooly Asset Management

Fiduciary Fee-Only Financial Planner | Investment Advisor in Wall, NJ

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Point and Figure Charts vs Other Investment Advice

July 11, 2011 by Thomas Mullooly

Weekly Commentary for February 15, 2011

***** ***** *****

Each week, John Dorfman (syndicated columnist from Bloomberg.com and chairman of Thunderstorm Capital in Boston) publishes a weekly column. If you live in central NJ, his column is carried each week on Sunday in the Asbury Park Depress. His column is published in many papers around the country. His column interests more than just financial advisers and other investment managers.

Dorfman recommends several stocks each week. What WE DO is take *his* recommendations and look at them on a point and figure chart.  Dorfman is a value manager, he wants to buy beaten down companies at pennies on the dollar. The problem with the “value approach” is investors need the patience of Job to see if (and when) these recommendations ever work out.

We do not give our own recommendations on the podcast. We save those for you. Instead, what we do is take *his* ideas and see how they look on a point and figure chart. Now, if you have a tip or an idea you want us to put up on a chart, get in touch with us.

If you are relying on a blog post for specific investment advice, you are making a huge mistake. Please speak with an investment adviser before making ANY investment decisions.

If you do not have an investment adviser, we encourage you to contact Mullooly Asset Management at 732-223-9000, or through our website.

Under no circumstances should the content discussed on this post be considered specific investment advice.

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Filed Under: Asset Management, Point and Figure, Technical Analysis Tagged With: fundamental analysis

About Thomas Mullooly

Thomas Mullooly is owner and founder of Mullooly Asset Management, Inc. In 2002 Tom opened Mullooly Asset Management, a fee-only investment advisory firm. As an investment advisor, and not a broker, Tom works strictly for his clients. With the help of point and figure charting, Tom builds a realistic game plan for clients.

1971 State Route 34, Suite 102
Wall Township, NJ 07719

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The information on this website and blog do not involve the rendering of personalized investment advice. A professional advisor should be consulted before implementing any of the options presented. None of the content contained in this website should be construed as legal or tax advice. Always consult an attorney or tax professional regarding your specific legal or tax situation.

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