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Product Description "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 From the Inside Flap Today's investment industry is filled with a variety of new strategies that can be used to evaluate market price movements, but many of these methods never seem to deliver on what they promise. There is one approach to investment analysis, however, that has proven itself in all types of markets, and it's called Point and Figure Charting. In the Third Edition of Point and Figure Charting, the world's top Point and Figure charting expert, Tom Dorsey returns to explain how traders and investors alike can use this classic technique-borne out of the irrefutable laws of supply and demand-to identify and capitalize on market trends. Within these pages, Dorsey describes, step-by-step, how to create, maintain, and interpret your own Point and Figure charts with regard to markets, sectors, and individual securities. He then explains how to use these findings to track and forecast market prices and develop an overall investment strategy. Divided into three comprehensive parts, Point and Figure Charting, Third Edition Skillfully highlights many of the new developments in this field, including: How to use Point and Figure charting with exchange-traded funds (ETFs), commodities, mutual funds, and international securities How different relative Strength (RS) applications can provide you with great insights into where best to allocate investment dollars How the Bullish Percent concept that is applied to the NYSE and OTC can be applied to sectors within the market How to construct and manage a portfolio using the Point and Figure method, coupled with solid fundamental analysis. This book also comes with a companion CD study guide. The CD contains tests and exercises that will not only solidify your understanding of the concepts presented, but also help you apply Point and Figure charting techniques to real world trading situations. If you're looking for an investment approach that has stood the test of time-during both bull and bear markets-and is easy enough to learn, whether you're eighteen or eighty, then Point and Figure Charting, Third Edition is the book for you. Filled with in-depth insights and expert a