Page 177 - How to Make Money in Stocks Trilogy
P. 177
© 2009 Investor’s Business Daily, Inc.
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

