We're continuing to highlight our new Public ChartList area. There are many, many great people there putting a ton of time and effort into creating some great chart collections and sharing them with everyone. If you haven't seen it yet, you owe it to yourself to to check it out. (And if you looked at the old version and hated it, you definitely should check out the new version!)
When I look at the Public ChartList area, my eye instinctively goes down to the lists in the middle of the ranking page. These are the up-and-comers, the underdogs, the potential diamonds in the rough. They are worth a little extra energy each week to see what they are up to which is why I'm going to start highlighting them here in my blog.
Here's a terrific example of a middle-of-the-pack list that is worth some of everyone's time: Gary Berkley's "Simple Systems".
I'll be honest. I'm a sucker for simple. John Murphy has always preached about simplicity and it is something we have emphasized over the years here at StockCharts. Gary has taken that concept to heart and created a nice collection of easy to understand charts with commentary built directly into them. Check out his "Current Market in Perspective" chart:
(Click on the chart to enlarge it. You may have to click twice to get the full effect.)
Gary describes his list's style like this: "If you're a do-it-yourself type of person, but you have little inclination nor the time to become a market expert, charts like these may be what you are looking for." I agree. By using large charts - usually with the Elder Impulse system - simple trendlines and clear annotations, Gary doesn't overwhelm you with data and helps you focus in on what's important.
If you are a fan of simple, visual chart analysis like I am, Gary's list is worth watching. And if you are a StockCharts member, it is also worth "following" (just click the "Follow" link in the upper right corner of the list's page). Great job Gary!
HEY! Why didn't you talk about my list?!?!
The Other Public ChartList Authors
Don't panic. I had to start somewhere. The plan is to review and feature different high-quality Public ChartLists each week. Remember, anything that gets people to visit the Public ChartList area is a good thing for ALL Public ChartList authors.