Page 121 - How to Make Money in Stocks Trilogy

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240,000
160,000
340,000
480,000
Volume
Price
2.4
2.8
2.0
1.5
1.7
22
26
30
40
34
Faulty base: do you
u
Faulty base: do you
Jun 1981
d
s
b
Mar 1981
l
F
Dec 1980
2/1
Sep 1980
k
k
Volume up
Volume up
p
p
Sell: climax top on 19th wee
e
9th wee
u
Jun 1980
m
correction
correction
Buy
y
out of cup-with-handle
Sell: climax top on 19
d
o
Market t
t
B
Mk
n
r
r
M
Mar 1980
h
p
Wang Laboratories increased 1348% in 139 weeks.
c
x
p-
m
c
Dec 1979
o
S
o
Sep 1979
S&P 500
2/1
Jun 1979
is the best time for your success.
throughs in market indexes. This
Bases breakout at time of follow-
s
This
s
w
At this point you are scared and know why? y y w w k 19 c y 3 weeks tight 3 weeks tight h t w 16 unsure and the news is terrible. So So S unsure and the news is terrible s h you can t go by how you feel...learn you can’t go by how you feel...learn a o 14 to act on follow-
Mar 1979
throughs in market indexes
Learn to spot these facts.
d
c
e
u
y
Dec 1978
m
m
o
po
pe e e e d t t s u a o s r t a Sep 1978
Word processors replace type Word processors replace t o d writers, increase productivity and s e standard of living. standard of living i d n Market correction o ec r co ae Sell: climax top Sell: climax top Sell: climax top : 3 weeks s tight closes tight closes s e Buy u 27-week cu
Wang Labs–1978 Weekly Chart M Begins earnings Begins earnings n g acceleration c 2 w 2/1 Volume dry-up with y V 3 weeks tight closes 3 weeks tight closes g 3 Sep 1977 Jun 1977 Mar 1977
Price = 20*eps 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 0.10 0.09 0.08 0.07