Page 85 - How to Make Money in Stocks Trilogy

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70,000
130,000
40,000
20,000
Volume
Price
120
100
4.5
70
80
50
60
34
40
26
30
6
7
8
Sep 1966
Jun 1966
4 weeks closing
g
me
relatively tight
Enormous institutional volum
m
m
supportafter shakeout below
w
w
i
w
w
support after shakeout below
h
Mar 1966
l
t
l l
l
low of first week of April
S&P 500
k
e
r
l
n
A
o
e
t
ti
Dec 1965
4
a
r
ititu
k
2/1
s
e
r
s
s
a
Sep 1965
r
m
Market correction
Market correction
o
o
p
w
E
e
o
Jun 1965
Shakeout below
o
e
National Airlines increased 1004% in 179 weeks.
a
Mar 1965
o
a
Dec 1964
Sep 1964
Base-on-base 22 35.75 low in April 35 75 low in Apri r A w l 7 o 19 16 14 12 10 America’s Greatest Stock-Picking Secrets 39
Buy
Buy
Jun 1964
al
et et e . s d p p p g Mar 1964 Dec 1963
Whole airline industry leads this marke Whole airline industry leads this marke s i cycle due to jets replacing prop planes r e e Consumers’ living standard rises. Consumers’ living standard rises r e No bull market has ever begun No bull market has ever begun v r without a follow-through day
Sharp sha
Sharp s
Chapter 9.
Crisis
Crisis
Y h
o
n
w
Y
p Volume up u Mar 1963 Dec 1962
National Airlines–1962 Weekly Chart Market correction ti o t Mk 28-week cup-with-handle u 2 Sep 1962 Jun 1962 Mar 1962
Buy
Buy
a
u