Page 146 - How to Make Money in Stocks Trilogy
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America’s Greatest Stock-Picking Secrets 69
Price 80 70 60 50 40 34 30 26 22 19 16 14 12 10 4.0 3.4 3.0 Volume 320,000 160,000 80,000 40,000 © 2009 Investor’s Business Daily, Inc.
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n n n t G C C C de dle handle d d a t l A o e n - w d d 99 a 1 e p p p e Dec 1982 Sep 1982
Market correction Market correction r k y Buy Buy B 14-week cup-with-handle cup- c e ee Good precedent for Apple n e Computer’s cup-with-handle s e in March 2004 (page 99 and h 2004 ( 0 h daily chart on page 114) daily chart on page 114) p o a Volume up Volume up V Jun
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A A A A Liz Claiborne increased 211% in 43 weeks.
Sep 1981
IPO * Jun 1981
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Mar 1981
Dec 1980
Sep 1980
Jun 1980 Mar 1980
Liz Claiborne–1982 Weekly Chart Dec 1979 Sep 1979
Price = 20*eps 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 0.23 0.20 0.18 0.16 0.15

