Page 191 - How to Make Money in Stocks Trilogy
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A WINNING SYSTEM
The Internet is still a young baby. Price General market t r e G G Sell: : Sell: S 165 The Internet is still a young baby b e T gh f follow-through u h th w ll o climax climax climax m m c c There will be follow-on leaders. o b T 135 top top t S&P 500 115 Add Add Ad
America Online–1998 Weekly Chart 1. Stock on breakout runs up over k k 1 20% in 1st 3 weeks, so rule is must k hold a full 8 weeks from buy point. hold a full 8 weeks from buy point k u 2. End of 8 weeks, stock is now s o up 30 to 52, or +73%, had its first 73% 7 52 30 to pullback from 4
Price = 20*eps 7.25 6.75 6.25 5.75 5.10 4.60 4.10 3.60 3.10 2.60 2.30 2.05 1.80 1.55 1.35 1.25 1.15 1.05 0.93 0.82 0.72 0.68 0.63 0.57 0.51 0.46 0.41 0.36 0.31 0.26 0.23 0.20 0.18 0.15 2/1
