Page 124 - How to Make Money in Stocks Trilogy

58 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 320,000 160,000 80,000 40,000 20,000 © 2009 Investor’s Business Daily, Inc.
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Huge H earnings earnings e increase increase p back through t 10-week line week line e l l t
x top max to o x Add: price Add: price d d A A c b 10- 1 1 on volume on volume o o increase a c e c Sep 1978
S&P 500 ll: climax to Sell: clim l: clim i i : S r h Heavy increased volume without v e e n further decline in price p e l Jun 1978

Market correction Market correction o e o e Buy y Buy B weeks tight area 4 weeks tight area e v H h u Mar 1978 Dec 1977

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Sep 1977
Jun 1977

Mar 1977

Dec 1976

Sep 1976 Resorts International increased 630% in 24 weeks.

Jun 1976

Mar 1976

, n n
gaming Dec 1975
Operates hotels, tourist, gaming tourist s Operates hotels t group and convention facilities in group and convention facilities in o seasonable Bahama Islands. s B Sep 1975 Jun 1975
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Mar 1975 Dec 1974
Resorts Intl.–1978 Weekly Chart Sep 1974 Jun 1974

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