Point & Figure Relative Strength by Michael J. Moody and Harold B. Parker
ARTICLE SYNOPSIS ...Point & Figure Relative Strength
by Michael J. Moody and Harold B. Parker
STOCKS & COMMODITIES contributors Michael J. Moody and Harold B. Parker suggest using point and
figure and relative strength as a way to identify strong and weak stocks.
It has often been asserted that long-term relative strength of individual stocks is an important
component of trading success. This makes intuitive sense: one ought to be able to construct a portfolio
that outperforms the market by selecting stocks that are stronger than the market on a relative basis.
There are numerous formulations for relative stre...