InvestorsHub Logo
Followers 1060
Posts 44342
Boards Moderated 3
Alias Born 07/07/2002

Re: brainlessone post# 11

Saturday, 11/23/2002 7:58:13 PM

Saturday, November 23, 2002 7:58:13 PM

Post# of 139
Chun Li, the search engine here at I-Hub is a great wonder, this post by Augieboo summarizes a lot of my recent discussions on using boxes, #msg-593385. I deviate quite markedly from the Darvas approach (for instance, I almost always expect a stock to come back at least once into the prior box, that is how I captured QCOM under the bottom of the new box in this post #msg-582070 and then #msg-591941). The problem is that in bear markets, a stock may put together a series of three or four boxes, and in the last phase of the bear move give half (sometimes all) of th advance and then start through those boxes (faster) again. That is how I have played ELC, AGM, COO and COCO so far this year (and misplayed SKX <g>).

Mind you, I am extremely flexible with my own "box rules" and thus deviate quite markedly from Darvas' teachings.

Zeev


AZH

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.