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Replies to #77 on The Darvas Method

bbgold

02/25/03 12:48 PM

#79 RE: satorino #77

Thanks Satorino,
I think that the idea of using the Boxes to Visualize the support and resistance levels really makes it easier to understand how they work. I keep posting about the relationship of support to resistance and how they can change from one to the other on the MKTSS board but without any visualization of the change I think that it is hard to grasp the concept. The Darvas boxes make it much easier to comprehend IMO. You really don't need to apply the Volume to the breakout or breakdown but that might certainly Help. When PAYX moved back above $25 to 25.10 I did not see if the volume was higher than the previous breakouts. A lot of ways to tweek the signals but the Boxes IMO are the best part of the method.
Good Luck Satorino! :^)