Eye Opener William O'Neal

The common Stocks you select for purchase should show a major percentage
increase in the current quarterly earnings per share (the most
recently reported quarter) when compared to the prior year's same
quarter.




The hard-to-accept great paradox in the stock market is that what
seems too high and risky to the majority usually goes higher and what
seems low and cheap usually goes lower.


your job is to buy when a stock looks high to the majority
of conventional investors and to sell after it moves substantially higher
and finally begins to look attractive to some of those same investors.


One fairly positive sign, particularly in small- to medium-sized companies,
is for the concern to be acquiring its own stock in the open marketplace
over a consistent period of time

Most of the time, people buy stocks they like, stocks they feel good
about, or stocks they feel comfortable with, like an old friend, old
shoes, or an old dog. These securities are frequently sentimental, draggy
slowpokes rather than leaping leaders in the overall exciting stock
market