If you have not seen the video on the origins of Point and Figure Charts, I suggest you head over and watch the video, it is just a few minutes long. This video covers how buy signals are created on a point and figure chart. Buy signals and sell signals on point and figure charts… [Read More] Buy Signals: Point and Figure Videos, vol 2
If you are looking to learn the BASICS of Point & Figure Charting, you should start with this short video here. The point and figure video is only a few minutes long and covers the basics of how point and figure charts began, what these charts can (and cannot) do. I would also add the… [Read More] Point and Figure Videos: start here
What generates a sell signal on a point and figure chart? The easy answer is “the price going down!” And you would be right. But that’s kind of a “flip” response. The number one question I get asked is “Tom, tell me WHY the stock is going down!” That’s a tougher question to answer. Since… [Read More] Are Point and Figure Sell Signals Bad?
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I look at the charts in your 401k plan continuously. If none of the charts are going up, here is our plan: we stay on the sidelines. Pretty simple. [Read More] Point and Figure Charts May Disagree With Experts On Stocks
A client called me today, curious about buying shares of Fannie Mae and Freddie Mac. He said, “I’m sitting at home, watching the stock market channel and I’m amazed. I am seeing all of the shares of Fannie Mae and Freddie Mac changing hands. The stock prices are so cheap. But, Tom, I thought these… [Read More] Stock Market Mistakes : Buying Fannie Mae and Freddie Mac