Replies to post #57 on The Darvas Method

[DonCarlson]

MM, I'm not sure I remember how to post a chart... QQQ chart.

Where you see the red ticks, that would be equivalent to the Darvas upper Box line being exceeded and a new box developed.

So, if you bought at $50, the new boxes keep getting developed as the stock moves towards $120. Then as the price starts to move down, the lower box line is broken (the green + ) around $100 and the position would be closed out.

The reverse approach could be used as the stock moved downward.

Don Carlson
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[leapyear92]

Hey there Don,

Well I never expected AIM to creep into this thread.

Just goes to show...you can run but you can't hide!