Page 137 - How to Make Money in Stocks Trilogy

America’s Greatest Stock-Picking Secrets 65
160,000
300,000
Volume
40,000
20,000
80,000
Price
140
120
100
12
34
26
30
60
50
10
80
16
14
40
19
22
70
6
7
8
5
3 weeks
closes
tight closes
tight closes
tight closes
tight
4 weeks
4 weeks
t
e
w
g
week moving
Add
10-week moving
Volume up
Volume up
Add: pullback to
Add: pullback to
d
closes
t closes
s
s
s
s
S&P 500
m
average line
s
y
Buy
e
a
3 weeks
s
s
3 weeks
t clo
tight cl
c
tight c
k
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o
l
w
g
a
w
r
went on to gain another
r
Price Co. went on to gain another
10
v
A
h
A
169% before it topped in 1986
169% bef fore it topped in 1986
w
Shakout below
o
n
9
with a total gain of 1294%
n
n
first low
first low
d
o
g
2
o
a
s
Add: 3 weeks tight t
p
f
g
Add again
Add again
t
t
t
i
i
Huge volume
m
k
we
r
d a
Buy
o
d
w
e
o
B
Price Co
m
m
week double bottom
36-week double bottom
Many tight
%
h
o
e
Volume up
p
g
p
:
H
6
e
e
e
retraces back above
retraces back above
r
e
w
Market correction
Buy after shakeout
Buy af fter shakeout
A
n
areas
14.5 by 1.5 points
below first low at
below first low at
o
e
b
a
u
n
t
a
e
14.5 then stock
V
p
p
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c
c
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First low
36
M
Only traded in local l
t
u
o
e
4
3
4
50
14 50
14.50
San Diego market
San Diego market
3/1
d
d
Mar 1981 Jun 1983 Mar 1983 Dec 1982 Sep 1982 Jun 1982 Mar 1982 Dec 1981 Sep 1981 Jun 1981 © 2009 Investor’s Business Daily, Inc. Price Company increased 417% in 60 weeks.
d e 7 t E e h w . Dec 1980
h
h
h
hi
Price Club
o
0
f 14 50
o
e
wa
C
nnovator in wholesale membership Innovator in wholesale membership m l t warehouse stores. Another leap forward s for consumers’ standard of living. i f li f d d t t ’ s f This was using the old Livermore rule for shakeout e h g below a $30 stock and a retracement back up to $33, belo
Price Co.–1982 Weekly Chart a a b t o i p 1 a o l bu ii i o Sep 1979 Jun 1979 Mar 1979
Price = 20*eps 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 0.25