All language subtitles for Lesson 4 - Valuation Stock Selections EN

Okay folks.

Welcome back June, 2017, I stayed
mentorship stock trading less than

four valuation stock selections.

okay.

Folks mentioned this many times.

Free teachings, uh, as one resource,
I think, as an investor, um, you

should have this, you should have
this as part of your repertoire.

You need to have it as
a resource, as a tool.

I think it's valuable.

Um, I don't have.

Hi enough things to say about
investor's business daily.

I've used it as a resource
since the late nineties.

It's awesome.

Awesome tool.

It gives you, in my opinion, the
best fundamental slant on stocks than

there than you can find anywhere else.

I used to subscribe to the wall
street journal as a young trader.

I felt a stilted, a little, uh, Stuffy,
I guess the word I was looking for and it

just felt, um, you know, not friendly to
me as a, as a new trader, uh, investors

business daily has always been presented
in a manner where it's easy to understand.

It's very organized.

Um, I like what they do.

I've always liked what they'd
done with their resource.

And they've always been on the cutting
edge as far as trying to crack the

code in terms of, uh, real supply
and demand factors behind stocks.

So if there's some means of
valuation from a fundamental

standpoint, I believe that there are
fundamental reasons to buy stocks.

Um, it doesn't mean that those
fundamentals are sound or that

they're going to equate to future
profitability for the company.

But if we're going to number crunch,
I think investors business daily

is the number one resource in that.

So everything I'm going to talk about
here, it's going to be highly dependent

upon you knowing, or getting familiar with
investors, business daily newspaper, uh,

that they have it in digital form now.

And you can do a four week free trial.

Um, they do ask for a credit
card, but, um, if you cancel

before they won't charge you.

But, uh, the point is, if you
wait until like the second.

Week of September wait and it asks
for a four week trial subscription.

Okay.

So the second week of September,
I'm going to remind you all to, to

subscribe to investor's business
daily with a free four week trial.

And no, I'm not in business with them now.

I'm not a salesman for them.

I genuinely use their
service and I like it.

So part of this mentorship
was to learn what it is I use

to come away with my analysis
concepts, and this is one of them.

So, and I use it for currency stuff too.

I use it for commodity stuff
as well, but when we get into

a post mentorship stuff and.

September October, whenever the divergence
occurs in the stock market that we're

usually looking for for the seasonal low,
um, we'll be tracking that week by week.

And when it comes to fruition, I'll
actually throw in a bonus teaching.

Cause I promised you that I would do a
stock market analysis over the shoulder.

So you guys can see what, how I do it.

Breaking down the industry groups,
sectors, leadership, all that

business, and using all the tools
that I use for my price action study.

But.

I say that because I'm going to go
over and kind of like in general terms

of what I use investor's business
daily with, and like 80% of this

teaching is basically what you learn
from reading William O'Neill's book,

how to make money trading stocks.

Um, to me, um, I can't say it
enough to simply read that book.

Okay.

It's a really, really good book.

It's timely.

Because the information is still
pertinent to today, but without

using the investor's business daily
newspaper, it's kind of like, well,

you know, it's just needed information.

It's thanks for including it, Michael, but
I'm really not going to go that direction.

I believe even if you don't trade stocks,
you should be looking at this resource.

Uh, you don't have to
subscribe to it either.

Um, if you can get to a new state.

Where you live at locally?

Um, before I actually became a
subscriber to their service, I used

to go to the newsstand in one of the
local malls where I lived at, and

I would go there on the weekends.

I'd get the week weekend edition, which
had like all the bells and whistles

and the complete stock breakdown and
all the, uh, the indicators they use

for their, um, fundamental ratings.

And I would literally pour
over this newspaper for hours

on Saturday and I loved it.

Absolutely loved it.

And now it's digital, which it
makes it very easy to flip through

and find what you're looking for.

But truth be told I still get the weekly
printed edition because I like it.

I'm a dinosaur.

Um, you don't have to go that route,
but to save money, if you want to

look at it that way, um, I guess.

Go there and buy the newspaper you
once or twice a month, you know, then

maybe, uh, that would be one way for
you to save some money because you

don't need to see it all the time.

I think once a month is sufficient
enough, especially if you're waiting

for something, technically they'll
align as well, discuss here in this

teaching, but I can't say it enough
investors necessarily absolutely.

One of the best resources for.

So we've learned about index stocks
and the Dow 30 NASDAQ 100 and SB 500.

So you have a universe of 630 stocks
at your disposal as a index base.

This teaching to me, talking about
valuation selections on growth

stocks, and this is where the baby.

Astronomical stock searches take place.

Okay.

It's going to be in this valuation format

and obviously, um, I can't claim
ownership of this, but I do subscribe

to the theory, uh, that William J.

O'Neil uh, created and his acronym
he uses for it is canceling.

And we'll break down each
one of these components.

And I'll tell you how I segue in from this
information into how I use my price action

analysis concepts, but the first portion,
all the way up to the letter, M primarily

this portion of the acronym, that's
where I get my phone and on basis from.

So when I view a stock on a
fundamental level, whether it being

bullish or bearish, I'm using.

Method of breaking down the
stock with these letters here,

that we'll look at closer.

And finally, the last one
here is the technical basis,

which is my own input into it.

I don't believe that William J on
Neal's, um, approach to timing the

market was sufficient enough and
by my own analysis concepts and by.

Uh, my SMP trading and such, I, I
adopted obviously the canceling method

from the fundamental standpoint, but
I can time the market as we've seen

in the market and the mentorship.

And in prior to the mentorship, I can
time the market pretty good, uh, in

regards to whether they're bullish
or bearish, and we know how to select

certain times of the year to do that.

So we have time.

And we have seasonals and we
have fundamentals together.

Wow.

Do we have a dandy of a stock
picking analysis concept?

So fundamentally speaking, the
first one in the acronym can

slam is C and William J and old.

Basically it's referring to current
earnings and you be looking for

stocks with earnings growth of
at least 25% in the last report.

And larger growth is even better,
but you're going to be also

looking to see earnings accelerate
over the last three quarters.

And for example, one quarters earnings
may be up 25% in the next quarter or

50% in the most recent up 90% and say,
ideally, you want to see the increase, uh,

building not just a steady growth Cedrus
enough, but you want to see an increasing.

And the a and the acronym stands for
annual earnings and you want to see

annual earnings growth of at least
25% each of the last three years.

And you also find that the greatest
stocks over time, I've had the best

margins in the industry group and
return on equities at least 17%.

And there's some of these things are
going to go right over your head and

without actually doing it with real
stock selections and going through the

process, which you'll actually see me.

In the fall.

So just noted the folks that
are here at the end of this

mentorships content delivery.

During those three months, you'll actually
see me do this, uh, spend, I don't

know how long it's going to take me.

It's probably gonna be a long video or
long live session, but it'll, it'll be

done on a Saturday and you'll see exactly
how I do it, but I'll break down all the

things that's shown here and I'll show
you how you can get this information.

Um, apart from investors, business
daily, for some of it, but other

things you're going to have to.

Solely on investor's business
daily, like annual earnings and

quarterly earnings and stuff.

That's kind of like
common knowledge stuff.

He can pull that up on his
simple thing of bar chart or a

MarketWatch, something like that.

You can pull that
information relatively easy.

Okay.

The end of the acronym stands for
the new factor and the biggest

canceling winners or stocks that are.

Found to be selected by this
method always had something new.

Okay.

And it could be a new product.

It could be a new service, new
leadership, new management, new price,

high or new condition in the industry.

And an important factor is
to look for newer companies.

So studies have shown the greatest stock.

Winners showed that 75% of them went
public within the last eight years.

So this new economy, this new
growth that seen wide way of like,

for instance, like social media.

Okay.

Facebook, for example, um, the company
came out with an IPO and I remember

telling some of my friends that, uh,
you want to wait for it to trade down

to around $20 a share and then buy it
and wait for it to go over a hundred

dollars a share within about three days.

Went to exactly to script.

A lot of them bought it initially and
ended up paying a little bit more and sat

through a little bit of a pullback on it.

But it was a new company.

It was a new IPO, but it was a fresh idea
was everybody wanted to be a part of it.

And just at the time of this
recording now it's hit a new

mile marker with several billion.

Uh, users a month or on Facebook now I
don't personally have a Facebook anymore.

I did have one, but the point
is you want to be looking for

new horizon opportunities.

And while there may not be new companies
coming on the scene, in terms of publicly

traded stocks, they may be a company
that's coming out with a fresh idea or

a new spin on something or revamping.

So.

Okay.

And I'll give you an example like
apple, every time they do a new iPhone

update and I'm looking forward to
the iPhone eight, this fall, the,

uh, that always obviously generates
new, more interest in that particular

stock or that, that, uh, company.

So if we have a change in management,
a lot of times that will spur

on a new interest in buying.

So always look for things in new and.

This portion of canceling is best
used for once you identify a stock

that has strong current or earnings
annual earnings, you want to start

looking in like a simple Google.

The company lists that you build a
stock watch list of to have strong

earnings, quarterly and annually.

The next thing you want to
start looking through is the

Google search on those stocks.

See if there's anything new coming
up, if there's any, any kind of, uh,

a new idea, a new spin on something,
something that was going to draw

investors attention to it, because if
that's happening, it's also going to

happen on an institutional level as well.

And who has more money?

Joe Schmo on the corner.

That's John and shoes and puts
the money into an IRA or the folks

that run these mutual funds or
work for an insurance company.

So obviously the ladder.

So anything new is going to be
beneficial to you in terms of seeing

potentially new purchasing, more
appreciation in a share price, coupled

with strong current earnings and annual.

K the letter S in the acronym
standing forest apply in the man.

And no, we're not talking about supply
and demand as it relates to technicals.

Right?

So one of the most basic economic
principles is the law of supply

and demand, which is most
sharply demonstrated in stock.

Mark.

Now I'm going to argue with
that, but we'll just go along

with what they're saying here.

The strong demand for a limited
supply of available shares will push

a stock price up on the flip side.

An oversupply of shares in weak demand
will cause the price to sag or decline.

When are we looking for a stock
that obviously is well valued.

It has to be above $20 a share.

In my personal opinion, it has to be
a share price of over $20 a share.

And it has to have a reasonable float.

That means the outstanding number
of shares that could be purchased.

And we'll, we'll talk more about
that when we actually do case study

and literally I pick out the winners
is going to be for this fall, but,

uh, you want to be looking at.

The idea of buying a stock that
has a ton of float or open shares

that can be purchased calm.

We compare that with another stock that
has a lesser number of shares and float

that could be purchased that has the
same type of conditions where it has

strong earnings and annual earnings.

And it has something new.

A new product comes down,
maybe new management.

And it has far less shares, which one
has more opportunity to go higher?

Well, if smart money starts buying that
one with the lesser float or lesser

outstanding shares, that one's going
to go up a lot more because it's going

to be very easy for them to reprice
because of the supply and demand factor

seen by investors pouring money into it.

Okay.

The L and the acronym can slim
stands for leader in laggard.

All right.

So true leaders of those companies shown
the best earnings growth, strongest

sales and superior price performance,
and are in leading industry groups

consider buying high and selling higher.

That sounds like foolishness,
but we've learned that basically

that's a little less, a low
resistance liquidity run, basically.

Okay.

We're already seeing price go
higher and we are comfortable with

it because it's moved away from a.

But Ray, and we know that going to
be reaching for buy-side liquidity.

That's the general principle
in the stock market.

You're going to be looking for these
leadership issues, not a laggard, a

relative strength analysis is going
to help you with this, but we can

be buying something that's already
been moving up and we're going to

be selling it at a higher price.

Now the results of their studies over at
William J O'Neill's company, investor's

business daily is the greatest market.

Winners revealed something quite
interesting that they strong got stronger.

And that's the basis of how I use it.

Relative strength analysis, because
we're ferreting out the ones

that are leadership, so smart.

Money's pouring money in.

Chance starts going to go up, not
go up a little bit, the golf a lot.

So the task for you as the astute
investors to locate these strong

leading companies and to avoid the
week six sister or laggard performance.

Okay.

The I in the acronym canceling
stands for institutional sponsorship.

And you hear me talk about that a lot?

Uh, cause it's important.

Uh, there's ways we can track it
for X there's ways we can check in

the commodities, but the way that
you can track it in stocks is the

participation of the mutual funds.

So mutual funds, pension funds and
banks are the big players that drive the

market and stocks and the account for
as much as 80% of all trading active.

For a stock to be a top form and it
has to have institutional support

to fuel its price moves suggesting
that you only buy stocks that have at

least 10 mutual funds that is ideal
and have two to three quarters of

increasing institutional sponsorship.

Now.

There are ways that you can go through
and dig out all this information,

but I've found that it's much easier
to go through the ranking system

that IBD uses in their newspaper.

And this is one of those resource
resources to save a lot of time.

You can just go right there in their,
their stock table and find all of

the stocks that fit this criteria.

And they also have a stock scanner
too, for you guys that like to do

those types of things, you can put
it in the criteria you're looking

for and all the ratings and stuff.

And it will spit out all the stocks
that they follow that meet that

criteria on a fundamental basis.

And one of the institutional sponsorship
tabs they have in my opinion is awesome.

And if you use it correctly at the
times of the year, when we look to

be a buyer or leading into it can
find some real dandies in terms of

strong leadership upside companies.

And lastly, in our acronym
canceling it's the market direction.

And studies show that three out of
four stocks follow the market trends.

So you're going to want to
be trading in sync with the

market as I've always taught.

And you should only be buying
stocks in a confirmed uptrend and

you look to protect your capital in
corrections, so market direction.

Um, I don't subscribe to
anyone else's theory that.

Um, I think the only thing that matters
for stocks in terms of things that's

been around forever is Dow theory.

Dow theory is all you'll ever need
in terms of technical analysis

for stocks, to me, that coupled
with how I look at institutional

sponsorship and institutional order
flow and premium and discount rate.

Simple, simple, simple stuff.

Applied with Dow theory as a
confirmation, looking at quarterly

shifts and seasonal tendencies.

That's how we timed the market.

No one breaks down timing to
stock market down like I do.

And that sounds rather arrogant
right now, but it's the truth.

You've gone through most of the
mentorship here already, by the time of

this recording, you're listening to it.

You can see there's rather unique thing.

I do about price and it's highly specific.

It's, uh, it's about specific
times of the day and specific times

of the week, days of the week,
debt are superior than others.

There's periods of the year or calendar
months that are better than others.

And there's certain quarters of the
year that are better than others in

terms of bullishness for bearishness.

So I.

Spent a lot of time classifying how
I can in general terms, view the

market in a cyclical nature where
it repeats itself very generically.

And no one else has done that.

They get, they get close to
it with a little bit of this

and a little bit of that.

But I came up through just about
everything that was around prior to a

year, 2000 and I was in everything I did.

Elliot Lee went, did all those
things that supposedly work.

And I come away with.

Most of it's nonsense.

And some of it works sometimes, and that's
why they keep selling books and stuff.

But we, the way I interpret price,
if we can look at things seasonally,

for instance, if we know there's a
seasonal influence for stocks to rally

a specific time of the year, doesn't
it make sense to start studying the

market right before that maybe a month
before that season one in impact.

And start looking for companies
that are already showing evidences

that they're having strong earnings
and your earnings are increasing.

They have a new product, new
management, something new about

them, something drawing attention.

And they have a, a reasonable
open float for shares that are

existing, that can be purchased.

And that way we can start tracking whether
or not mutual funds are pouring into it.

And if it's a leadership stock and
it's industry, group and sector, Man,

you got everything going for you.

The only thing you need to know is when's
the stock market going to move as a whole.

I've already taught you that.

So by coupling that you actually
put IBD investors, business,

dailies statistics on steroids,

it takes us back to the
major market timing points.

Every one of the months here gives
us our bias for bullish or bearish.

This you as a trader for looking in the
buying and selling stocks, you want to

be buying in the first portion of the
year, February to may and in selling

stocks or looking to sell short stocks
from may going into the latter half

of September, and then in October.

Going into the last day
of the trading year.

You want to be looking
to be a buyer of stocks.

So you have this basic rule of buying
stocks February to may selling stocks

may to mid September, and then from
mid-September to the end of the

year, you look to be buying stocks.

That's all there is to this folks.

It's very.

Everyone creates all these things.

These wave one and wave two and
correction, be in correction.

See all that stuff is nonsense.

It's ridiculous.

You just simply look at where is the
seasonal tendencies for these large

deep pocket investors, but we call
smart money when the smart money is

looking to operate, whether a buyer or
seller, that's all we're trying to do.

We understand seasonal influences are.

They happen every year.

And if we know when the stock market's
predisposed to go higher, we can go in

and fundamentally filter out stocks that
are already showing leadership stocks

that are failing to make lower lows.

And times when we look into be a
buyer of stocks by default, you

are going to see leadership issues.

And if you have investors
business daily as a resource, you

can use that column they have.

And part of their smart ratings, the.

Institutional sponsorship rating, and
you'll actually see me do it this fall.

I actually go through the whole process.

We'll be sorting through
like 7,500 stocks.

It's crazy.

I know, but you'll see.

It doesn't take much work at all.

Really, really easy.

And I won't use the stock
scanner that's available.

Like I have all that stuff as bells and
whistles, but I want to show you how I.

Literally going through
all the stock tables.

It's fun.

I'm looking forward to, I
love doing it in the fall.

It's one of those things I
like doing as a, as a pastime.

Cause I used to do it years ago with a
high interest in being, participating

in it and in, in great deal.

But now, because I'm basically
a one trick pony with Forex,

um, I've moved away from it.

So I get.

The wonderful privilege to be able
to do it in front of all of you.

Whereas I generally don't do it in
front of anybody, but just go through

the, uh, the analysis, make my, my
watch list and then finally whittle

it down to what I believe is going
to be a strong leadership stock.

And I watch it go into a year,
the end of the year, going

into the first month or two.

And, uh, the next year

at the time of.

That fall analysis.

When we do that together, I'm
actually going to go through

the darlings of the Dow.

I'm going to do that one with you.

It's all the same, that same Saturday.

I'm going to do the darlings of the
Dao, the dogs, or the doubt, which

is another stock selection concept.

That was just, you can do a Google
search and figure out what that is.

And I'm also going to do the,
uh, index stocks for the S and P.

The Dow and the NASDAQ.

So you'll know all the strongest
index stocks, and I'm going to

go through all of the investor's
business daily, fundamentally ranked

stocks, and then I'll find the
ones that have the best technicals.

As I look at timing, the market looking
for index SMT against now that's one of

the things I've learned over the years,
looking at some of their stocks, they

have a relative strength rating in there.

Uh, IBD smart tabs.

And that, to me, I thought they
were looking at how I look at price.

You failing to make lower
lows, and then that's the buy.

That's not, that's not what they're doing.

Um, but you're going to see sometimes
IVD will give you strong, fundamental

ratings on certain stocks, but they
won't have the technical support.

It.

So, what we were forcing
ourselves to do is fine.

Yes.

There is a fundamental basis for
this stock to do well because it's

making money, but the stock may not
have enough attention drawn to it.

So therefore you won't see
these investors pouring in on an

institutional level because there's
nothing that's drawn attention to it.

No new thing happened.

Remember the end in canceling.

So there's so many stocks
out there to be following.

It's like, you know, first
listened to my uncle.

The first time he talked to me about
how he wants to be a stockbroker.

He didn't want to have
to stop working at work.

And then he's going to start trading
and yada, yada, yada, when he found

out how many stocks are really out
there and the whole business of being a

stock broker was just basically selling
something like a used car salesman.

There was no valuation,
there was no analysis.

They were just told, this
is what we're pitching.

Well, that's not what people want.

They want.

They want to know.

Stocks are most likely going to go up and
without large institutions pouring money

into them, they're not going to go up.

Not to any measure.

And investors on an institutional basis
are not going to put large funds into

something that aren't making money.

So you have to have quarterly
earnings increasing.

You have to have the annual numbers,
increasing something new, something fresh,

something exciting about that company.

It's gotta be a leadership in
its sector in its industry group.

It's gotta be.

Um, a short supply in terms of, uh,
number of shares, outstanding compared

to like for instance, index stocks,
you know, when I taught you how to

do index stocks, there's a reason for
that because some of you are older and

not privileged to be as young as some
of you are now learning this stuff.

So when you trade stocks, the
index stocks are far less about.

That liquidity is awesome.

And it's not going to see these
crazy whips all movements.

They won't go up $5 and then crash
20 hours a next growth stocks.

Like I'm teaching you here.

They can have very, very explosive
growth on the upside, but they can

also come down pretty quick too.

So in a way, investors business
daily is a great front running tool

where they it's like a pump and dump.

But you're not investing
in holding for 20 years.

That's not what we do.

We look for runs to new highs and
when appreciates to a measure that's

reasonable, which we'll actually go over.

When I do the stock selections, Oxford
state, what my targets are on each

one individually and William J Neil
talks about risking up to April.

For each stock.

Well, that's nonsense.

You don't need to do that either.

So you'll learn all the money
management rules actually by me

actually doing it over my shoulder.

But the stock selection process for
valuation on high growth stocks is

basically the investor's business.

Daily is canceling method, but me
blending in my technical analysis.

Institutional order flow market structure.

And now, as you've learned premium
and discount array, modeling that

in using the divergence between the
three averages, when that occurs,

you have blue ribbon results.

So one of the things to look forward
to when we get done this, uh,

complete mentorship is we'll sit
down in the fall when it's actually

time to be buying stocks and I'll
go through the whole process.

And I'll tell you why I'm doing
it, why it's important, why you

shouldn't be doing this and that.

And then you actually see me do the
pricing for the options that will do.

The fifth lesson on this week's content is
having use stock options and picking up.

It's one thing to talk about it, but
they actually, they go through and pick

them and then you can start tracking
how they appreciate some of them aren't

going to do as well as the others.

But you'll see how amazing you
can get really crazy returns.

If you double, triple,
quadruple your money.

Okay.

With a call option that
costs you very little money.

Who cares if the stock price only
goes up $8 or $10, who cares if

you're seeing that much of a return,
that's what you're looking for.

You're looking for velocity.

You're not looking for this stocks
going up 20 hours or a hundred dollars.

Because chances are, you're not
going to hold those stocks that long.

Again, I don't believe in
the buying whole mentality.

I believe in Dubai, hold it for
something for a premium that everybody

else like it fall in love with
it and want to buy it from us and

we'll sell it to them, you know?

And there's going to be a lot of stocks
that if you look back over that time,

there's many of them that went crazy when.

Like Amazon is one of them in particular.

Uh, totally everybody that, uh,
last year we'd see a $700 a share.

Um, and I said, ultimately, it'll
go up to a thousand dollars a share.

Uh, it had a nice wicked re uh,
reversal went down like $200 a share.

And then from that point on, it
rallied all the up and, and this year

we've hit a thousand dollars a share.

There's going to be instances
where you see you potentially

would have had a really long-term
hold, but who's making money here.

The traders that buy and hold and
they keep their money tied up and they

have to wait and see if these stale
markets push these stocks up higher,

or the individuals that take the money.

They invest in it.

They swing, trade.

These stocks, take the money out
and profit, and then reinvest

those new profits into another.

Obviously the second person that's doing
that is making far more than the investor.

So you need velocity and you need
to see something that's consistently

done every single year, the same way.

And this is what I've mapped out for you.

I've given you the seasonal
tendency to buy and sell programs.

That's seen across the entire
12 month calendar for the stock.

We know what we're looking for in terms of
the diversions between the three averages.

We know what months specifically
are outlined for bullishness

and, and bearishness.

And if you only want to be by our stocks,
which is nothing wrong with that, you want

me focusing on buying in February to may.

And from the last half of September, in
the beginning of October, all the way to

the last portion of the year, That's it.

So that's why you have to
be as for a stock trader.

That's all you do.

There's no getting in your day
trading stocks, it's nonsense.

It's foolishness.

You want to be in there capturing
swing trades and stocks.

That's it.

You don't be doing anything other
than that, uh, to do anything less

than that, you're gambling and.

Think about well, who
makes these markets move?

The stock price has to move
by institutional sponsorship.

The moves are going to
be long and drawn out.

So these mutual funds and large
pension funds and insurance companies

have pour money into these companies.

They're not going to just buy one time.

They're going to keep flooding that stock
and keep buying and buying and buying

it and keep on investing more money.

Every one of their investors funds
are going to be poured into this.

And just like in Forex.

The smart money, the big money
can't take on their position.

On the first time at that price,
they got to keep building it in.

And if the stock is going to be
a mover and go higher, they will

have to buy a higher prices.

And that's going to just
propel the price of that share.

So hopefully you found this
insightful, uh, the real lesson

we'll be using this information.

As I described it here over
live market conditions.

This fall, where we actually wait for
the September to November time period,

where we wait for the divergence
in the three major market averages,

when they diverged bullishly and the
market straight down into a discount,

then we can apply all these concepts.

I'll actually have an
investor's business day.

Uh, at the time, whatever that week
would be the most present and accurate

current edition of IBD will be used.

So you can see how it's done.

And you'll see it's a little
bit of work, but it's fun.

It's really, really fun.

And it's nothing better than
sit back and watch all these

companies if you've handpicked.

And it just totally destroys all of these
fund managers out there that, oh yeah.

I mean 18%.

I mean, 25% of the year, man.

You're going to see how some of these
stocks just blow that out of the water.

And we'll have a sampling of
index and growth stocks to

choose from until next lesson.

I wish you good luck and good trading.