Welcome to EV's point and figures. This blog is dedicated to the use of point and figure charts in technical analysis.

Although P&F first appeared in charts in the 1930's, it is an often overlooked techique for analysing stocks and charts. A poor relation compared to line and bar charts and their range of momentum indicators. Yet few charts provide a clearer picture of the daily battle between bulls and bears for market control.

Like most methods, it should not be used in isolation. It should form part of an analysts 'tool box' and be used with other techniques to help form an overall view.

The charts that appear on this blog and any accompanying comments are purely for information purposes only - my own personal take on where the prices may be heading. They do not constitute investment advice.

Tuesday, August 23, 2011

Greece - yields still rising!

It's all gone a bit quiet on the Greek front but I suspect for not much longer - the last €12bn of the 'first' EU bailout was approved in June but will be gone by the end of August. The 'new' €120bn bailout will be issued in tranches but is dependent on Greece demonstrating it is implementing draconain austerity measures while growing its economy!! These bond yield suggest non compliance!

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