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Many investors tend to forget that the most basic force affecting securities prices is the law of supply and demand. Point and figure charting is a time-honored, proven method of tracking fluctuations in supply and demand and recognizing promising trends early enough to take advantage of them.
In this book, Thomas J. Dorsey shows you, 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 in your own ability to take decisive action at the appropriate time, rather than reacting belatedly to rapidly changing market conditions.