Page 69 - How to Make Money in Stocks Trilogy
P. 69
© 2009 Investor’s Business Daily, Inc.
160,000
Volume
80,000
20,000
40,000
Price
3.4
3.0
4.0
2.6
60
14
50
26
30
22
70
34
40
19
16
5
Jun 1961
tight closes
tight closes
e
3 weeks
Mar 1961
l
Sharp pullback
k
Sharp pullback
k
c
e
c
and possible
w
ih
o
shakeout to
top
b
op
Sell: climax top
p
top
b
Sell: climax to
u
p
s
2/1
Dec 1960
p
avoid
avoid
m
k
i
Volume up
p
S
s
a
a
m
Se
15-week cup-
-
5-week cup-
S
with-handle
Sep 1960
c
d
V
e
a
Dow Jones Ind.
t tight closes
15-w
15-w
-
s
t
15
3 weeks
3 weeks
Jun 1960
k
k
c
h
w
w
Mar 1960
Brunswick increased 1500% in 162 weeks.
to their earnings. July quarters were
Dec 1959
e
r
Some companies have seasonality
Some companies have seasonality
3/1
always Brunswick’s best quarters
w
r
a
o
e
q
Sep 1959
q
q
h
J
’
p
Volume up
Jun 1959
l
Vo
B
e
o
Mar 1959
y
y
y
Buy 12 Buy u 10 es es 3 different cups-with-handle 3 different cups-with-handl l a h w p e i 3 ote: peak closes Note: peak closes e No No N are shown in this chart a t o a 8 s 4 weeks tight closes 4 weeks tight closes s e in low of handle in low of handl
13/10
Dec 1958
g
Sep 1958
Company has new product - t p e py a automatic pin-spotters for bowling p a alleys. Consumer wins again. Consumer wins again a r alleys 1957 Bear Market 1957 Bear Market a Buy y Buy Buy a k Base-on-base Base B p p Volume up Volume up e 25-week cup-with-handle e h c 2/1 Jun 1
Brunswick–1958 Weekly Chart Big earnings gs n g acceleration a quarter quarter q Heavy volume supportat u v H closes in upper part bottom, closes in upper part t t n m bottom b b of price range for the week of price range for the week r e Sep 1957 Jun 1957 Mar 1957
Price = 20*eps 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 0.35 0.30 0.25 0.23 0.20 0.18 0.16 0.15 0.14 0.13 0.12

