Page 129 - How to Make Money in Stocks Trilogy

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320,000
160,000
80,000
40,000
Volume
Price
4.0
3.4
2.6
3.0
70
5
base new high on
very low volume
Low volume
Low volume
Sep 1983
Sell: 3rd stage
Sell: 3rd stage
g
y low vo
ery lowv
w
w
e
Jun 1983
L
e
e
a
ve
e
ve
Mar 1983
S&P 500
Dec 1982
p
Volume up
Volume up
e
Sep 1982
u
V
Jun 1982
Mar 1982
Pic ‘N’ Save increased 948% in 206 weeks.
Dec 1981
Could sell and reduce
e
Could sell and reduce
c
excessive stock split t
Sep 1981
position on 3/1
position on 3/1
s
a
3/1
n
Jun 1981
Market correction 60 n i ke 50 General market General market k a a n G p has strong turn up u g r s h et after bear market e after bear marke a e a 40 34 Market corrects Market corrects t r M 30 26 22 Buy Buy uy 19 weeks weeks e we 3 we w 3w w tight closes
C
p
e
Mar 1981
s e Dec 1980
3 weeks we tight closes l Sep 1980
Add Volume up Jun 1980
d ih t t p
Market Market k correction e Add A 8-week cup- k c e e with-handle n
Buy y 8-w 8-w 8 Mar 1980
Volume up u Dec 1979
Pic ‘N’ Save–1979 Weekly Chart Market M correction c Buy 18-week cup- week cup c 18 1 with-handle w Sep 1979 Jun 1979
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