Page 63 - How to Make Money in Stocks Trilogy
P. 63
28
Price
40
50
60
34
p
Sell: climax top
Sell: climax top
x
m
Dow Jones Ind.
e
n
Market correction
o
c
rather than just summer-oriented boating activity.
Materials restrictions were lifted after the Korean
Materials restrictions were lifted after the Korean A WINNING SYSTEM 30 26 22 Buy Buy u 19 16 14 12 10 8 7 You may ask, why shouldn’t you buy here at the t the t r h b b o ’t ’ ld h h hy w k s ay Y Y Y Y Y Y Y Y y y om to get a lower price? You are not trying to bu
n
vity
y
s,
using its motors in snow blowers, lawn mowers,
War ended in 1953. This led to rapid expansion
e
for Outboard Marine. It broadened its base by
and chain saws to increase year-round sales,
o
p
n
n
x
b
a
p
s,
e
e
o
b ow
n
e
t
o
s
m
n
.
s
o o
s m
o
n
a
e
g
us
Outboard Marine–1954 Weekly Chart Prices are adjusted for 3-for-1 stock Prices are adjusted for 3-for-1 stock k o t 0 split, so price at breakout was $13.50 0 split, so price at breakout was $13.50 5 w s n Earnings acceleration a g Add: 4 weeks s w tight closes s l ih g Buy B Big
Price = 20*eps 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 0.30 0.25 0.23 0.20 0.18 0.16 0.15 0.14 0.13 0.12 0.11 0.09 Mar 1953

