Page 494 - How to Make Money in Stocks Trilogy

364 INVESTING LIKE A PROFESSIONAL

our government succeeds in its attempt to rewrite all the rules and decide
how it wants to run our entire medical system.)
If you spot a stock that looks interesting, we have given you the stock sym-
bol, and you can go to Investors.com and check out the chart or other vital
facts and figures, using a handy checklist to flesh out what you’ve uncovered
in the tables.
As I scan the tables, I look for stocks that are boldfaced. Here, too, we
boldface anything that’s up one point or more or is making a new high in
price. I’m mainly interested in keeping track of price movements so I don’t
miss anything that might turn out to be a huge new leader. The boldfaced
stocks can be scanned very quickly, and if you’re using charts, you may
already be aware of the patterns of some of the ideas you notice in the
tables. For example, if you go through a number of charts every week, look-
ing for sound patterns with strong fundamentals, and you scan the bold-
faced stocks in the tables daily, you’ll see a bolded stock whose chart you
were impressed with start to move up.
When I spot unusual activity by high-ranked stocks, I tend to write down
the symbol at the top of the B1 page. When I get through scanning the
tables, I may have eight or ten symbols that I’ll check out because they look
interesting based on their price activity and high ratings. You can go right to
Investors.com or Daily Graphs Online and evaluate the chart to see if the
stock is acting right or acting poorly.
So rather than using the tables just to find out how my stocks did yester-
day, I’m using them to screen for potential ideas that might become super
leaders at some point in the future. For any serious investor, this is almost a
necessity if you are going to improve your performance.

“You Can Do It Too”
At the top of page B4, we have something called “You Can Do It Too.”
These are short quotes by investors who have written to tell us they’ve done
well and what their main observations were. I realize there are a number of
people who probably aren’t so successful or who haven’t done their home-
work, didn’t follow rules, or didn’t have any system. Many of these quotes,
however, are inspiring.
It’s interesting that more than 1,000 people have written to tell us that
they’ve finally figured out how to put it all together to achieve outstand-
ing results. I say “finally” because it takes some time and effort to get
truly superior results. There are no free lunches in the stock market. But
once you understand and apply yourself, you could in time become
financially independent. Would that be a worthy goal for you to strive for
and achieve?