Page 187 - How to Make Money in Stocks Trilogy
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A WINNING SYSTEM
Price
180
S&P 500
n 150 c 122 102 Sell: climax top p m e 84 70 58 48 40 33 27 y Buy 22 18 15 12 Buy y Buy u 10 8 7 4 weeks 5 ek k ek 7-week 7-wee 7 s tight closes tight closes tight closes s base base b 4.7 3.9 3.2 2.6 2.1 1.8 1.5 Volume up Volume up p p p 2/1 2/1 2
Market correction r 5 weeks e tight closes tight closes s t Dec 1997
Volume up p p V Dryup Dry-up p p p Sep 1997 Jun 1997
g
3/2
Buy
y
Buy
Another innovator in the new internet. Another innovator in the new internet a h Everyone benefits from incessant new ideas n f y y and concepts on the internet and there is o c more coming in the future. g in the future r n more coming e Market Market correction correction All prices spl
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Yahoo!–1997 Weekly Chart IPO IPO O * Jun 1996 Mar 1996 Dec 1995
Price = 20*eps 7.00 6.30 5.70 5.20 4.70 4.30 3.90 3.50 3.20 2.90 2.60 2.35 2.15 1.95 1.75 1.60 1.45 1.30 1.15 1.05 0.95 0.85 0.78 0.70 0.63 0.57 0.52 0.47 0.43 0.35 0.32 0.26 0.24 0.22 0.

