Page 40 - How to Make Money in Stocks Trilogy
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16  A WINNING SYSTEM





          Price  180  160  140  130  120  110  100  90  80  70  60  50  45  40  36  32  28  26  24  22  20  18  16  15  14  13  12  11  10  9  8  7  6  Volume  30,000  14,000  6,000  2,000  © 2009 Investor’s Business Daily, Inc.

                                                  or b  or  o  r  r  t t  u  Jun 1925
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                Sell: climax top Sell: climax top  o  a  i  l  Se  S  S  Pullback: about half the time,  Pullback: about half the time  e  h  o  a a breakout from a proper base a breakout from a proper base  p  r  a  o  t may pull back to its buy point o may pull back to its buy point o  y  k  b  Rarely will it eve

                                                   slightly below
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                                                                     Sep 1924 Dec 1924
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                 Dow Jones Ind.                        e  e  n       Jun 1924
                                   Buy  Buy  u         Big volume increase   m  on buy week  e  y we  e  y  Mar 1924
                  ction  tio  c                ase  ase
                  n                                    g             Dec 1923
                  Market correc  t  Mk  r      week ba 54-week ba  54  5  Sep 1923
                                                                     Jun 1923

                                                                     Mar 1923 Utah Securities increased 538% in 63 weeks.

                                                                     Dec 1922 Sep 1922
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             new public utilities industry was  The new public utilities industry was  s  l growing rapidly as more homes and  growing rapidly as more homes and  m businesses were wired for electricity.  l  w The public’s living standard rises again. The public s living standard rises again  r  Jun 1922 Mar 1922
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              The  s                                                 Dec 1921
                                                                     Sep 1921
           Utah Securities–1924                                      Mar 1921



                                                                     Jun 1921

              Weekly Chart                                           Dec 1920
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