Page 177 - How to Make Money in Stocks Trilogy
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                                                             13,000,000
                                                                  2,000,000
                                                              7,000,000
                                                                4,000,000
                                                          Volume
                                                   3.0
                                                     2.6
                                                       2.2
                                                 3.4
                                               4.0
                                                                     Jun 1996
                                                                     Mar 1996
                                                                     Dec 1995
                                                         2/1
                                                                     Sep 1995
                                                                     Jun 1995
                                                         2/1
                                                       p
                                                       p
                                                       p
                                                       p
                                                       Volume up
                                                       p
                                                                     Mar 1995
                                                       e
                                                       u
                                                       V
                                                                         America Online increased 570% in 75 weeks.
                                                                     Dec 1994
                                                         2/1
                                                                     Sep 1994
                                                      d
                                                      price closes unchanged
                                                     t
                                                     Stock was declining bu
                                                       with increased volume
                                                       with increased volume
                                                        and no further decline
                                                     g
                                                     n
                                                       v
                                                        d
                                                                     Jun 1994
                                                     w
                                                      c
                                                       n
                                                        o
                                                                     Mar 1994
           e.  Price  y  c  y  S&P 500  60  o  n Market correction  o  ke  e  50  or  or  a  a  40  34  30 First 2 times base is faulty, First 2 times base is faulty  y  u  s  s  b  rs by 3rd time it has tightened  e  e  g  i  a  t  y  26  h up and formed properly with  w  y  p  p  e a shakeout and handle area a sh
           Innovators drive each new stock market cycle  c  h  s Their new products, services, technology and  t  p inventions are bought by consumers who are  nventions are bought by consumers who are  h the true boss in a capitalist system as they   s  p  o freely choose to buy the products they want o freely cho
                                                                     Dec 1993
             n
            T
                 n
                  h
                                                                     Dec 1992 Mar 1993 Sep 1992
           America Online–1994  Weekly Chart          IPO  IPO  O  O  *  Jun 1992 Mar 1992
          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    0.11
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