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Strategies & Market Trends : Point and Figure Charting

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To: james ball who wrote (11683)12/21/1998 10:50:00 AM
From: Al Serrao  Read Replies (1) of 34811
 
Tom, getting back to our old friend Darvas, he never detailed what method he used to find his stocks. Later in the book he details that he started to look for stocks with accelerating earnings. I was also interested in learning how long he kept his stocks. From the examples and charts in his book, I estimated that on average the time period from when he bought to when he sold was between 18 to 24 months. Not bad for a couple of million dollars ( adjusted for inflation that would be closer to 10-20 million today!) Great book.
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