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94 HOW TO MAKE MONEY IN STOCKS SUCCESS STORIES
Price Scale 120 110 100 90 80 70 60 50 46 42 38 34 30 28 26 24 22 19 17 15 14 13 12 11 10 9 8 7 6 5 4.6 4.2 3.8 3.4 3.0 2.8 2.6 Volume 112,000,000 84,000,000 56,000,000 28,000,000 © 2012 Investor’s Business Daily, Inc.
Once again had no sell rules, so sat through topping pattern as stock broke through 50-day moving average on large volume. Dec 00 Sep 00 Jun 00
400% gain Sold around $60 Mar 00 Dec 99
40-week moving average Sep 99 Jun 99
Didn’t have sell rules, so didn’t pay much attention to corrections but it worked out well Big volume in breakout week Mar 99 Dec 98 Sep 98
10-week moving average Jun 98 Mar 98 Dec 97 Sep 97 Jun 97
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
