InvestorsHub Logo
Followers 8
Posts 3323
Boards Moderated 2
Alias Born 11/29/2003

Re: SPARK post# 127

Friday, 08/13/2004 8:11:18 PM

Friday, August 13, 2004 8:11:18 PM

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.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.