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White Belt: Understanding the Trend and Market Timing 9
1400
1450
1250
1300
1350
1500
12,000,000
16,000,000
Volume (00)
4,000,000
8,000,000
Scale
Index
4th day follow-through day
SINA
(+3.88%)
HAR
CTX, AVID,
ASKJ
DKS
NTES, UNTD,
SOHU, HITK
ANSI
HOV, JCOM
TEVA, UOPX
MATK
CECO, IGT, NFLX,
OVTI
YHOO
COH
SCHN
February
7 2 18 4 21 7 21 © 2012 Investor’s Business Daily, Inc. May April March
24
10
January
27 13
NASDAQ—Daily Chart 2002–2003 Leading stocks breaking out before, on, and after a follow-through day Ticker Symbol Legend SCHN – Schnitzer Steel Inds A COH – Coach Inc. OVTI – Omnivision Technologies CECO – Career Education Corp IGT – Intl Game Technology NFLX – Netflix Inc. YHOO – Yahoo! Inc. MAT

