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The Darvas Method
Of course, as noted earlier, Darvas' method involved
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aim hier
Friday, August 13, 2004 8:11:18 PM
Re:
SPARK
post# 127
Post #
of
139
Of course, as noted earlier, Darvas' method involved buying stocks going into a higher box at an all time high. This is not the case with AMCC
http://finance.yahoo.com/q/bc?s=AMCC&t=5y
Anyone using Darvas' method would have made a fortune in the tech bubble, when the market retreated, the stop losses would have moved one safely to the sidelines.
The ideal candidate would be a company with a promising product or technology, that has been outperforming the market. Fix the boxes, buy on a breakout (should be at an all time high price), set a stop loss. If the stock continues to climb, consider adding more, keep the stop losses trailing the price. Let the market tell you when to get out.
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