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Strategies & Market Trends : The Darvas Box Thread - Using the Nicholas Darvas system

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To: Dow Beater who wrote (307)2/3/1999 12:03:00 PM
From: jan_mike  Read Replies (2) of 498
 
General Darvasian question for discussion. Did the current phenomena of buying on rumor and selling on news exist when Darvas was king? In the modern day, if you see a volume surge, say Wednesday through Friday, it's a guarantee there's news coming Monday. ALmost as assured is that the good news that caused the volume surge will trigger a selling spree as soon as the news is announced. It kind of defeats his theory in a way. Of course if the news is good, you have made a good purchase for the future. Applying Darvasian theology today makes correlating volume and price a little tricky. Free coffee served at the discussion,
Mike
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