Page 223 - How to Make Money in Stocks Trilogy

108
A WINNING SYSTEM
Price
300
260
340
400
S&P 500
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nofurther price progress. Sell next week in 12th week of advance
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Sell: “Railroad tracks” 2 weeks retracing same area, closing in the
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A little too soon to sell for
a climax top, only 7 weeks
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These comments about increased 220 out of base, should be at t should be at b u h out of base b o least 10–12 weeks k e 2 0 t e e u m 190 volume without further price progress s o i the t f h ith l o Buy: 10-week k w 0 y in the current direction tell you the in t
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Huge quarterly sales Huge quarterly sales s q growth and EPS growth. growth and EPS growth. S h High P/E ratio doesn’t P/ stop stock’s move from f o k’ t t t 20 to 280 2 Jun 2005 Mar 2005 Dec 2004
Sep 2004
Jun 2004
First Solar–2007 Weekly Chart Mar 2004 Dec 2003
Price = 20*eps 20 18 16 15 14 13 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