Page 818 - How to Make Money in Stocks Trilogy

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HOW TO MAKE MONEY IN STOCKS SUCCESS STORIES
Scale
Price
120
100
110
4.6
30
28
34
42
38
22
12
24
10
26
46
15
70
80
14
90
50
19
17
13
60
11
7
6
5
9
8
moving average on large volume.
Once again had no sell rules, so
sat through topping pattern as
stock broke through 50-day
Sold around $60
400% gain
40-week moving average
corrections but it worked out
didn’t pay much attention to
Didn’t have sell rules, so
well
10-week moving average 4.2 3.8 3.4 3.0 Big volume in breakout week 2.8 2.6 Volume 112,000,000 84,000,000 56,000,000 28,000,000 Dec 00 Sep 00 Jun 00 Mar 00 Dec 99 Sep 99 Jun 99 Mar 99 Dec 98 Sep 98 Jun 98 Mar 98 Dec 97 Sep 97 Jun 97 © 201
Flat base
EMC Corp (EMC)—Weekly Chart 1998–2000 Develops a range of information infrastructure and virtual infrastructure technologies John Mackel Bought a full position around $12. At this point, did not have any knowledge about pyramiding into a stock Mar 97 Dec 96 Sep 96 Jun 96 Mar 96