Ownership stages of stocks
The importance of the secular trend
Relating absolute to relative price trends
Relating individual stocks to industry groups
Using ratios of early- to late-cycle industry groups
1. Fill in the blanks: When a stock has risen sharply in price, bullish news is widespread, and the media has fallen in love with it, the stock is said to be o_____. When the opposite circumstances are present, the stock is said to be u_____.
2. Which stocks best lend themselves to the buy/hold approach?
B. Growth stocks
C. Stocks with high betas
D. All of the above
3. A secular price trend:
A. Is a deeply religious one
B. Lasts from 1 to 2 ...