Table of Contents
Preface xiii
List of Illustrations xv
List of Tables xix
Part 1 Research 1
Chapter 1 Get Information Before You Invest 3
Chapter 2 Price Doubling Is Easier at Low Prices 15
Chapter 3 Good Companies Buy Their Own Stock 24
Chapter 4 Short-Term Investor Sentiment Outweighs a Lot of Arithmetic 32
Chapter 5 Watch the Bellwethers 40
Part 2 Analysis 47
Chapter 6 It's Always a Bull Market 49
Chapter 7 Look for Divergence in Trends 54
Chapter 8 Buy Good Management; Stick with Good People 65
Chapter 9 Look for Insider Trading 71
Chapter 10 Know the Best Type of Order 86
Chapter 11 Institutions Show Where the Action Is Now 92
Chapter 12 It Depends on Support and Resistance 99
Chapter 13 There Is a Bear Market Coming 107
Part 3 Strategy 113
Chapter 14 Invest According to Objectives 115
Chapter 15 Sell the Losers, and Let the Winners Run 129
Chapter 16 Buy Low, Sell High 139
Chapter 17 Buy High, Sell Higher 144
Chapter 18 Sell High, Buy Low 148
Chapter 19 Never Short the Trend 154
Chapter 20 Make Winners Win Big 158
Chapter 21 Buy on the Rumor; Sell on the News 163
Chapter 22 Buy the Stock that Splits 169
Chapter 23 "Our Favorite Holding Period Is Forever" 176
Chapter 24 It's Better to Average Up than Down 182
Chapter 25 "Sell in May and Go Away" 186
Chapter 26 Buy Stock Cheaper with Dollar Cost Averaging 191
Chapter 27 The Perfect Hedge Is Short Against the Box 197
Chapter 28 Diversification Is the Key to Portfolio Management 202
Part 4 Trading 209
Chapter 29 Never Short a Dull Market 211
Chapter 30 It's Best to Trade at the Market 216
Chapter 31 Never Buy a Stock Because It Has a Low Price 221
Chapter 32 Buy the Dips 225
Chapter 33 Order Modifications Can Cause Delays 229
Chapter 34 Always Take Your Profits Too Soon (Hedge Funds) 234
Part 5 Good Ideas 241
Chapter 35 Follow a Few Stocks Well 243
Chapter 36 Greater Risk Means Greater Potential Reward 250
Chapter 37 Buy a Good Banking Stock with a Nice Dividend 259
Chapter 38 Invest in Mutual Funds, and Don't Worry About It 266
Chapter 39 Invest in What You Know Best 282
Part 6 Caution 289
Chapter 40 Give Stop Orders Wiggle Room 291
Chapter 41 Indicators Can Meet Overriding Factors 297
Chapter 42 Beware the Penny Stock 306
Chapter 43 Be Wary of Stock Ideas from a Neighbor 312
Chapter 44 Heavily Margined, Heavily Watched 318
Chapter 45 Beware the Triple (Quadruple) Witching Hour 325
Part 7 Surprises 331
Chapter 46 Avoid Heavy Positions in Thinly Traded Stocks 333
Chapter 47 Fraud Is Unpredictable 339
Chapter 48 There's Always a Santa Claus Rally 345
Chapter 49 A Stock Price Splits When It Gets Too High 350
Chapter 50 Join the Club 358
Notes 365
Index 377
