THOMAS J. DORSEY is cofounder and President of Dorsey, Wright & Associates, LLC, a registered investment advisory firm that specializes in research and investable products based on the Point and Figure method of technical analysis. Formerly a senior vice president and director of Options Strategies with Wheat First Securities, and a stockbroker with Merrill Lynch, Dorsey has become the industry's foremost expert in Point and Figure Charting and teaches this method worldwide. He has appeared on mainstream financial media including Fox News's Cavuto on Business and received the Distinguished Speaker Award from the Wharton School of Finance Securities Industry Association. Mr. Dorsey is also the author of three previous editions of Point and Figure Charting and Commodity Strategies: High-Profit Techniques for Investors and Traders, all published by Wiley. SARA GIEGERICH is Corporate Counsel to Dorsey, Wright & Associates. Ms. Giegerich began her current role in September of 2011; however, she has been with Dorsey Wright for nearly a decade, having started as an intern in high school. She worked for the company throughout her education at the University of Virginia and the University of Georgia School of Law. Ms. Giegerich was instrumental as an analyst, project manager, and editor for every facet of the fourth edition of Point and Figure Charting.

• Acknowledgments viiPart I Learn the Point and Figure MethodologyChapter 1 Introduction 3Chapter 2 Point and Figure Fundamentals 29Chapter 3 Chart Patterns 61Chapter 4 Foundations of Relative Strength 105Chapter 5 Advanced Relative Strength Concepts 145Chapter 6 Primary Market Indicators for Gauging Risk 183Chapter 7 Secondary Market Indicators 223Chapter 8 Sector Rotation Tools 247Part II The Point and Figure Methodology—A Complete Analysis Tool                                           Chapter 9 Fixed-Income Indicators 275Chapter 10 Utilizing the Exchange-Traded Fund Market 291Chapter 11 Evaluating the Commodity Market for Opportunities 319Chapter 12 Trading Options Using Point and Figure 349Part III Apply the Point and Figure Methodology to Your Investment Process Chapter 13 Portfolio Construction and Management 369About the Web Site 379Index 381

THOMAS J. DORSEY is cofounder and President of Dorsey, Wright & Associates, LLC, a registered investment advisory firm that specializes in research and investable products based on the Point and Figure method of technical analysis. Formerly a senior vice president and director of Options Strategies with Wheat First Securities, and a stockbroker with Merrill Lynch, Dorsey has become the industry's foremost expert in Point and Figure Charting and teaches this method worldwide. He has appeared on mainstream financial media including Fox News's Cavuto on Business and received the Distinguished Speaker Award from the Wharton School of Finance Securities Industry Association. Mr. Dorsey is also the author of three previous editions of Point and Figure Charting and Commodity Strategies: High-Profit Techniques for Investors and Traders, all published by Wiley. SARA GIEGERICH is Corporate Counsel to Dorsey, Wright & Associates. Ms. Giegerich began her current role in September of 2011; however, she has been with Dorsey Wright for nearly a decade, having started as an intern in high school. She worked for the company throughout her education at the University of Virginia and the University of Georgia School of Law. Ms. Giegerich was instrumental as an analyst, project manager, and editor for every facet of the fourth edition of Point and Figure Charting.

• Acknowledgments viiPart I Learn the Point and Figure MethodologyChapter 1 Introduction 3Chapter 2 Point and Figure Fundamentals 29Chapter 3 Chart Patterns 61Chapter 4 Foundations of Relative Strength 105Chapter 5 Advanced Relative Strength Concepts 145Chapter 6 Primary Market Indicators for Gauging Risk 183Chapter 7 Secondary Market Indicators 223Chapter 8 Sector Rotation Tools 247Part II The Point and Figure Methodology—A Complete Analysis Tool                                           Chapter 9 Fixed-Income Indicators 275Chapter 10 Utilizing the Exchange-Traded Fund Market 291Chapter 11 Evaluating the Commodity Market for Opportunities 319Chapter 12 Trading Options Using Point and Figure 349Part III Apply the Point and Figure Methodology to Your Investment Process Chapter 13 Portfolio Construction and Management 369About the Web Site 379Index 381