Page 100 - How to Make Money in Stocks Trilogy
P. 100

46  A WINNING SYSTEM





          Price  190  160  140  120  100  80  70  60  50  40  34  30  26  22  19  16  14  12  10  8  7  Volume  140,000  80,000  40,000  © 2009 Investor’s Business Daily, Inc.


              S&P 500                                                Mar 1970

                                                                     Dec 1969
                                                                     Sep 1969
                                g  g  n                  3/1
                                day moving 200-day moving  o  y  average line  e  e  Jun 1969

                                200-
                                 r
                                                                     Mar 1969
                                 av
                                2
                                                                     Dec 1968
                                                                     Sep 1968


                                                                     Jun 1968
           rs, t test equipment o  p  Do Not Buy! Do Not Buy!  t  Handle wedges  s Handle wedges  e  up along lows  n  Mar 1968 Digital Equipment increased 743% in 156 weeks.
           Manufacturer of high-speed digital mini-computer  s computer accessory equipment, test equipment, computer accessory equipment,  q  s  Dec 1967 Sep 1967 Jun 1967









             and modules.
            c
           e
            m
             d
           a
                                            Buy     7                Dec 1966
                                            y       k  7-week  e  base  base  e  bas  b  Mar 1967
                                                IPO  O  IPO  O  I  *  *  p g volume up Big volume up  Big  B  B  B  Sep 1966
           Digital Equipment–1967  Weekly Chart       Heavy volume without  t t Heavy volume withou  h  l  further price declines  n  r  Jun 1966 Mar 1966 Dec 1965









          Price =  20*eps   9.00   8.00   7.50    7.00    6.50    6.00    5.50    5.00    4.50   4.00    3.50   3.00   2.50    2.25   2.00    1.80   1.60    1.50    1.40   1.30    1.20    1.10    1.00    0.90    0.80    0.75    0.70    0.65    0.60    0.55    0.50    0.45    0.40    0.35    0.30
   95   96   97   98   99   100   101   102   103   104   105