is designed to familiarize you with Point and Figure Charts,
we call these "attributes" in this University. For
those that are familiar with PnF and have used it in their investment
research, you will know most of these terms and concepts. However,
it is good for a review as terms used in this chapter will be
repeated throughout the University. This chapter does include
vital information for basic charting and it shouldn't be skipped
over as it is a foundation for the following chapters. Chapter
1 is the base and each chapter following is an essential component
in understanding the big picture, how to put it all together.
One cannot understand the whole without knowing the parts.
P&F Craftsman Tip:
Chart your top 20 holdings by hand each day to gain confidence in the methodology.