Stock market wizard William O'Neil famously turned $5,000 into $200,000 in just a few year's time. Here's the 7-part model he uses to sniff out winning stocks.
Out of frustration, O'Neil took the matter into his own hands. He knew a better way to trade was out there, all he had to do was uncover it. After all, he was seeing an array of fund managers crush the competition.
O'Neil scoured Dreyfus' quarterly reports, searching tirelessly for any commonalities he could apply to his own methodology. After mapping out more than 100 of Dreyfus' stock purchase points, O'Neil hit pay dirt.
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