Michael Covel speaks with Tom Dorsey, of Dorsey Wright & Associates. Dorsey expands on his view of technical analysis, with a specialization in point & figure and relative strength. It’s a little different from Covel’s world, but occupies the same head space. Dorsey Wright & Associates was started in 1987, and Covel asks how Dorsey first came to technical analysis. Covel and Dorsey also discuss dealing with a bear market in Dorsey’s early days; early training in options; how Dorsey learned about point & figure trading; definitions and explanations of point & figure trading; how point & figure works like a tennis match; automating your strategy; the criticism of “black boxes”; a third grade experiment; how Charles Schwab changed the world; and how technology influences the technical analysis world. More information about Tom Dorsey can be found at dorseywright.com. Want a free trend following DVD? Go to trendfollowing.com/win.