Page 199 - How to Make Money in Stocks Trilogy

96
A WINNING SYSTEM
Price
100
160
190
120
140
220
S&P 500
9-week double bottom
m
o
t
correct
Buy here: correct
e
r
u
c
Buy here: c
re
h
e
B
B
B
9
r
r
Do Not Buy! Stock was not prope
Do Not Buy! Stock was not prope
breakout week, 2 for 1 split stock
p
double bottom, did not undercut t
should correct before moves up
c
st
r
1st bottom, less volume on
less volume on
v
o
n
o
p
s
t
m
o
o
o
,
1st bottom
m
u
o
o
4 tight weeks: stock still under 80 4 tight weeks: stock still under u s h 70 accumulation even after up 50% accumulation even after up 50% % % u e m from 30 to 45, (note 6 prior up p r 60 ak) weeks that all closed at the pea h c s 50 d bottom undercuts rcuts Second bott
Dec 2001 Mar 2002
Sep 2001
Jun 2001
Mar 2001
eBay–2002 Weekly Chart Dec 2000 Sep 2000
Price = 20*eps 10 9.00 8.00 7.50 7.00 6.50 6.00 5.50 5.00 4.50 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