SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Darvas Box Thread - Using the Nicholas Darvas system

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Iceberg who wrote (270)1/26/1999 11:07:00 AM
From: jan_mike  Read Replies (1) of 498
 
Ice,
I don't know if he addressed it directly in his other books. In the 2m book, he mentioned bailing out of one that seemed to have lost it's will to rise anymore. So his patience had limits too.

I think we're back to his era vs. our era again. If a high flying tech stock like Oracle takes a breather for a few weeks, I would think it's a hold. Probably depends what it looked like coming into the box. An old time dividend cranker could probably stay in a box for two years without a complaint from it's stockholders.

Having acquired the vast wisdom I have (not), I'm a little more patient than I used to be. What I don't want to do is hold one that's sliding back slowly. The boxes and stops may be a bit fuzzy in my definition, but their purpose is very alive to me. Whatcha selling?
Mike

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext