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Ep. 189: John Boik: Lessons Learned From Stock Market Legends

Investing With IBD

CHAPTER

Stocks Making New Highs Exceeding New Lows

Arusha: It's mathematically impossible to have a strong uptrend without more stocks making new highs than stocks making new lows. O'Neill was all over that kind of stuff he did back in the late 50s in early 60s so talk about a guy who was disciplined to stay out when it was time to stay out but then kept his eye on it and jumped into those stocks. Arusha: Scott O'Neill had almost his entire account in Amjan in 90 and 90 wholeYeah I mean that's pretty impressive yeah that's conviction you know at one point he owned almost 5% of what Pickett save and pickett save used to be.

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