Feature Archives

Buying a Computer

Trends in the computing industry and issues to consider before purchasing a new computer or upgrading your current system.

ETFs

Analyzing, selecting and trading exchange-traded funds

Investor Sentiment

Using investor sentiment to indentify tops and bottoms in the market.

Market Breadth & Timing

Market breadth and momentum indicators to gauge the market's overall direction.

Mutual Fund Screening & Analysis

Screening for and analyzing mutual funds.

Portfolio Management

Constructing a portfolio of investments and the issues involved, including risk management.

Software Reviews

In-depth reviews of some of the most popular investment-related software.

Stock Screening & Analysis

Using quantitative stock screening filters to identify possible investment and analyzing individual stocks.

Stock Valuation

Determining the "true worth" of a company.

Technical Analysis & Charting

Using technical indicators and charts to help time your buy and sell decisions.

Tax Preparation

Using computerized tools and resources to prepare and file your personal income taxes.
Computerized Investing > July/August 2003

Point and Figure Charting

PRINT | | | | COMMENTS (2) | A A   Reset

by Wayne A. Thorp, CFA

Without a doubt, software and Web sites have made the lives of numerous investors easier by speeding the analysis process. One area that has seen notable improvement is chart creation. Instead of having to spend time each day manually updating charts—which limits the number of securities one can realistically track—investors can now create an endless array of charts in a matter of seconds with today?s technical analysis and charting services. Reviews of the top software and Web-based technical analysis and charting services can be found in the Computerized Investing archives.

The advent of computerized charting resources has also led to the emergence of some relatively obscure chart types, such as candlestick, equivolume, and point and figure. This article serves as an introduction to point and figure charting and also covers resources for creating and learning more about these charts.

...To continue reading this article you must be a Computerized Investing Subscriber.

Gain exclusive access to this article and all of the benefits and investment education a Computerized Investing subscription offers.

SUBSCRIBE TODAY for just $24.
Log in
Already a CI subscriber? Login to read the rest of this article.

Subscribe
A subscription to Computerized Investing includes a monthly email and access to the CI Website, all of which aim to benefit your investing skills with respect to computers and the Internet.

  


Discussion

Margaret from CO posted over 2 years ago:

Wayne, your article is dated in 2003. Do you have an update as to which web sites either (a) still offer the sevice or (b) are new since you wrote the above article? M


Wayne from IL posted over 2 years ago:

The basic concepts behind point & figure charting are "timeless," so the article is as useful now as it was in 2003. In addition, I still use StockCharts.com for my point ( figure charting. Thanks!
--Wayne A. Thorp, CFA


You need to log in as a registered AAII user before commenting.
Create an account

Log In