Superintelligence CouncilСовет гения · sim.im

Gary Halbert · whole document (49)

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First,
I have a rule for myself and, that rule is...

Buy Only Stocks Listed

On One Of The Three Major

Stock Exchanges!

The
reason for that rule? Simple: You see, I realize I'm never
going to make any money by buying
stocks. I'm only going to make money when I sell
my stocks. And, when I'm ready to sell, I want to make
damn sure whomever wants to buy can easily find quotes
and other details of the stocks I want to sell. In other
words, I have no interest (at least currently) in
messing around with any stocks... unless... they are
listed in the Wall
Street Journal,Barron's or Investor's
Business Daily.

Believe
it or not, that rule alone eliminates hundreds of
thousands of stocks. Here in America, aside from the
three major exchanges, you can buy OTC
(Over-The-Counter) stocks, "pink sheet" stocks
(ask your broker if you're interested) and stocks from
all sorts of other sources. You can also buy stocks
listed on the Toronto Exchange and all the European and
Asian exchanges.

Not
me. I buy nothing that's not listed on the NYSE, AMEX or
NASDAQ.

My
second rule is...

Only Buy Stocks
That

Have The Potential To Gain

50% Or More In One Day!

I've
done a lot of research because I wanted to know what
made this small, elite group of stocks (there are 300 to
500 of them every year) different from all the thousands
of other stocks which have never enjoyed this type of
spectacular daily
gain. Here's what my preliminary research seems to
indicate: Of all stocks which gained 50% or more in one
day of trading...

Only 6.2% Were

Stocks Listed On

The AMEX Exchange!

No AMEX stocks for me.
At least, I don't spend any time researching them right now. Mushing on, I
also discovered...

Only 4.9% Of The

Top Daily Gainers Came From

The NYSE!

So, at
least currently, I don't research NYSE stocks either... because... the plain
fact of the matter is...

88.9%
Of All The

Big Daily Gainers

Come From The NASDAQ!

Now, let's talk about price. Of all NASDAQ stocks that gained
50% or more in price in one day...