Title: Rules regarding PowerPoint
1Rules regarding PowerPoint
- All content on our site is protected, and not
allowed to be copied. The Student Investment
Association power points, pictures, layout, web
design, ideas, words or symbols, are trademarks
of Student Investment Association. These
trademarks cannot be used under any circumstances
without the express written consent of Student
Investment Association. No part of the content on
this site, can be copied, modified, or
distributed electronically or otherwise without
the express written consent of Student Investment
Association.
2Student Investment Association
- The path to financial freedom
- Steven Savickas Panos Grivakis
3Announcements
- Sign in on the attendance sheet
- membership (39) See Kevin
- Ordered 30 new books for paid members
- NEW Website ww.msu.edu/investors
- New forum
- Next Meeting Wednesday March 3rd 715 pm 119
Eppley VIDEO TIME! - Sign up in smaller groups 4-5 people.
- Survey
4Donald's 7 Rules of Success
- You have to be born with enough brainpower.
- Once you have that, you have to love what you're
doing. I've never seen anyone succeed who didn't
love what they were doing. - You cannot stop. If there is a concrete wall in
front of you, you have to go through it. You can
never, ever give up or even think in terms of
giving up. - Confidence is a very important thing. But
confidence isn't something you just develop by
saying "I'm going to do this or that." You really
have to believe it. - I love pitting people against each other. My
whole life is based on that. It brings out the
best in people and the worst in people. If the
worst comes out, you don't want them working for
you. - You have to remain cool under fire and let
criticism roll off you. Good leaders handle
conflict easily and bad ones are eaten up by it. - You must work well with others and be loyal to
your team. Disloyalty is the worst of all traits.
I seldom use the words "You're fired!" in
business, unless somebody is really scum and
stole from me.
5Investing in stocks Caution
- Your going to be wrong
- Success doesnt happen over night
- Professional ballplayers arent made in five
months and neither are successful investors - the only difference between
- the successful person and
- everyone else is determination
- and persistence.
6Can slIm
- I Institutional Sponsorship
- Institutional investors are a major influence
on stock prices, so buy stocks with at least some
institutional ownership, particularly mutual
funds with good performance records.
7 Volume
- Is the actual number of shares traded
- Stocks never go up by accident
- There must be large buying, typically from big
investors such as mutual funds and pension funds - IBDs Volume Percent Change column track the
average daily volume of every stock over the past
fifty trading days shows you how much a stock
traded above or below its average.
8Volume
- Can use Accumulation/Distribution Rating to fine
out if stocks are be brought or sold by big
institutional investors. - www.Investors.com
- http//moneycentral.msn.com/investor/finder/predef
stocks.aspx
9Stocks we want to discuss
- Show stocks with high volume
- Name a ticker?
- Questions so far?
10Words of wisdom from Mr. O'Neil?
Stock-picking mistakes investors makeInvestors,
especially those uninitiated to the ways of the
market, make a lot of mistakes when choosing
stocks. William O'Neill of "Investors Business
Daily" talks about some of the common ones (other
link)
11Importance of Charts
- Strong fundamentals mean only 60
- Charts illustrate the price and volume movements
of a stock - Reflecting demand for it.
- They are especially helpful in pinpointing the
exact time to get into a stockor when to get
out.
12Bases Price Consolidation
- Base The price pattern moves straight sideways
and holds tight for at least five weeks, normally
correcting 8 to 12 - Correction A pullback or a decline in the price
of the general market or an individual stock
"The key to big profits is to buy leading stocks
and use charts to spot the right time."
13When to buy with a base?
- You want to buy a stock exactly at its pivot
point as it breaks out of a sound base with high
volume. Dont chase it up more than 5 past the
pivot.
14Key Points To Remember
- Charts give you a snapshot of a stock's behavior
over time. Charts are essential in timing buy and
sell decisions. They also provide signals that
would be missed if you relied on company
fundamentals alone. - The study of greatest stocks from 1953 to the
present found stocks were in consolidation
periods, that is, they moved more or less
sideways, before they leaped and began their
powerful climbs. - Bases help get rid of weak holders. This gives
stocks the chance to move up significantly when
the base is completed.
15Do YOU want to learn more?
- www.investors.com
- IBD Learning Center
- Charts
- OR look in the Successful Investor book!
16What YOU should do!
- Develop buying selection rules that let you pick
the best stocks, and use charts to determine the
right time to buy. - Have a set of selling rules that tell you when to
sell and nail down a profit, or cut short a loss
to avoid a possible larger loss. - You need a specific method to tell you when the
general market averages are topping and headed
down, and when theyve finally hit bottom and
turned into a new uptrend.
17Why should you join the SIA?
- For 39 you get plenty of benefits
- Free investment book!
- If you sign up 3 of your friends, your membership
is free! - Access to IBD 1000 professional level research
which offers technical chart and stock analysis - Investment library of books, Audio CDs, Cassette
Tapes for you to check out! - Access to state of the art trading room!
- Learn about investing and the stock market!
- Your own Scottrade online account
- Professional Guest speakers from top firms.
- Great resume builder
- Meet new friends
- Plan your way to financial freedom!
18What do YOU want to learn more about?
- Survey
- What did you like about tonight?
- What did you dislike or was unclear?
- What would you like to learn more about?
19NEXT MEETING
- WEDNESDAY, March 3rd715 PM 119 EPPLEY
- VIDEO! Interview with William ONeil
- by Maria Bartiromo on CNBC
- 3.1.04 Maria talks with the most noted and
respected leaders in business in this Special
Report. She discovers what makes her guests excel
and moves them to reveal more of themselves as
private individuals, separate from their role as
public figures. Bartiromo's guests also discuss
the major news of the day in the world of
business and beyond. - Student Invetment Association
- Steven Savickas Panos Grivakis
- Investor_at_msu.edu
- http//www.msu.edu/investor