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DownloadPoint & 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...
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