To all, a question about the Darvas method - -
Did Darvas use, or would Darvas have used today, time stops?
In other words, if one buys into a stock as it enters a new box and the price remains in that box, how long does the Darvas method call for waiting on the stock to move out of its box? Days, weeks, months, years, decades, centuries, indefinitely, on into infinity, or what?
Given the time value of money, I don't think it would be prudent to sit for very long on a stock that's NOT MOVING without making some sort of time-limit determination. But to my knowledge, Darvas didn't address that issue.
Anyone have any ideas about using time stops vis a' vis the Darvas method? I'm wondering what the world's time record is for a stock staying in a Darvas box. Maybe it's a self-limiting type of thing in that no stock stays on a basically flat line [i.e., trapped within a Darvas box] for too long. But what is "too long"? <g>
Thanks in advance for opinions on this,
Ice
|
