What are the benefits of point and figure charting? There are quite a few. The most important being that it clearly shows us supply and demand. It allows us turn down the noise created by the financial media, and focus on what matters. That is why we utilize point and figure technical analysis here at Mullooly Asset Management.

1. Mullooly Asset Management Podcast
August 21, 2013

2. A Real Life Example
Retail Broker 1986-2002
1997 Technology Stock
Began talking about it at $88/share
Buy recommendation at $75/share
Upgraded to strong buy at $64/share
Added to “Recommended List” at $53/share
“We like the franchise, and are unconcerned about
short term activity in the stock.”

3. A Much Better Solution
Point and Figure Technical Analysis:
Created by Charles Dow in the 1880’s
Dow wanted to eliminate day-to-day noise
Wanted to see: what is in demand, what is in supply
Gives clear buy and sell signals

4. Why Don’t More People Use It?
It takes time and effort to learn
The best way to learn point and figure technical
analysis is to chart by hand each night

5. None of the securities mentioned in this (or any)
podcast or video represent past specific
recommendations of Mullooly Asset Management.
This video is NOT a recommendation to buy or sell any
of the securities mentioned here.
If you’re relying on a podcast for investment advice, you
are likely making a huge mistake.
We strongly urge our listeners to consult with their
investment advisor before they make a decision to buy
or sell any investment.

6. Mullooly Asset Management, LLC
support (at) mullooly (dot) net
732-223-9000
www.mullooly.net

7. Mullooly Asset Management, LLC
support (at) mullooly (dot) net
732-223-9000
www.mullooly.net