Page 101 - How to Make Money in Stocks Trilogy

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160,000
Volume
20,000
80,000
40,000
Price
3.4
4.0
3.0
2.2
2.6
34
30
19
50
40
22
26
60
Sep 1969
k
week
closes back below 10-week
up over 9 weeks and then
Jun 1969
e
Short sale after 3 rallies
shoulder
r
h
closes back below 10
0
Right t
l
d
moving average line
a
w
h
i
R
R
s
Head
Mar 1969
Head
k
k
a
e
g
g
g
e
era
era
H
a
9 w
k
shoulder
r
a
d
hld
b
g
3/1
Dec 1968
o
e
Lef ft
v
r
i
m
u
S
S
c
S
Volume up
p
S&P 500
Sep 1968
m
week
-week
2-wee
12-wee
bottom
m
double
e
12-we
Buy
l
uy
V
Bu
B
do
o
o
do
Jun 1968
n
Volume on
breakout t
ko
rm
Intermediate term
u
a
Mar 1968
b
Buy
y
u
Loews increased 1025% in 101 weeks.
t
correction
correction
5/2
d
o
m
c
Dec 1967
e
e
g volume increas
Big volume increas
a
Sep 1967
Buy 16 B 14 12 8week 8-week k w 8 p p cup p c 10 7-week 7- base e flat base a f 8 7 k 10-week e - ullback to 10 ullback to 10 o 1 o k to Add: first pullback b Add: first pull g A 6 rage line erage line ing aver moving ave moving ave g a g s ht clos
u
Jun 1967
Big
ls. ls ild ht t Huge earnings acceleration ti a l g i and new high vs. June, 1966 966 sJue, gh e Add Add y Buy Buy u 45-week large cup 45-week large cup a Mar 1967 Dec 1966 Sep 1966
Shortage of hotels since jets greatly Shortage of hotels since jets greatly t g increased travel. Loews Theaters e e land was used in cities to build hotel l b b t iti d s ld 1966 Bear Market k Hu ad n Jun 1966 Mar 1966 Dec 1965
Loews–1967 Weekly Chart Sep 1965 Jun 1965
Price = 20*eps 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 0.25 0.23 0.20 0.18 0.16 0.15 0.14 0.13 0.12 0.11