Page 205 - How to Make Money in Stocks Trilogy

America’s Greatest Stock-Picking Secrets 99
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highs on low volume
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highs on low volume
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31, Liz Claiborne in 1982 on page 69 and Wal-Marti
1980 on page 62. History repeats itself over and ove
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again in the stock market. Learn to recognize these
Now you can see how similar Apple’s March, 2004
ase is to Tennessee Coal & Iron’s
cup-with-handle base is to Tennessee Coal & Iron’s
t recognize these
Do Not Buy! New
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Mar 2006 © 2009 Investor’s Business Daily, Inc. Mar 2008 Dec 2007 Sep 2007 Jun 2007 Mar 2007 Dec 2006 Sep 2006 Jun 2006
Add Dec 2005 Apple increased 1418% in 199 weeks.
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Do Not Buy! 3 weeks w y is not a base and n stock is up 100% Sep 2005
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IPhones, iPods and relentless s , innovations for the masses. r Do Not Buy! This is a 4th stage base t Dec 2004 Sep 2004
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Buy: 8-week k week Buy: 8 u base-on-base s a 6 tight weeks 6 tight weeks h h Big volume clue e e Jun 2004
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Apple–2004 Weekly Chart Buy u Perfect cup- ft ct P with-handle a B in the base n Mar 2004 Dec 2003
Price = 20*eps 12 11 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