THE SECRET OF SELECTING STOCKS FOR IMMEDIATE AND SUBSTANTIAL GAINS
MY MILLION DOLLAR STOCK MARKET CONCEPT
A cold wind was blowing through Wall Street in the Fall of 1971. After a dramatic 100 point rally ignited by President Nixon's announcement of Wage & Price Controls, the market suddenly reversed itself and began to plummet. Things looked bad. The DJIA had just broken its support point and fallen to a new low. Many analysts announced that we had begun a Bear market.
I didn't think so. That was because a few of the select indicators I keep were giving bullish readings for the stock market. Reflecting back upon it, I'm certain I was as influenced emotionally by the break to new lows as anyone. Things looked dismal. I felt a knot in the pit of my stomach. But when I turned to look at my indicators, the ones I will be discussing in just a few more chapters, I noticed they were in a distinct bullish area. Their message was clear: they were telling us to buy stocks. So I did.