by Greg Guenthner
Yesterday, we discussed one of the most important forgotten laws of the stock market: stocks that have already doubled are more likely double again.
And with the major averages surging this week, it’s time to turn our attention to breakouts. In a breakout market, you want to pounce on these potential “double-double” stocks as they harness the momentum surge from a deluge of eager buyers.
If you’re serious about attempting to double your money with a single long-term trade, pay close attention. But be warned: What you’re about to learn isn’t your grandfather’s value strategy…