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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: MechanicalMethod who wrote (16348)2/27/2001 12:54:21 AM
From: darvasdarvas  Respond to of 39683
 
The pyramiding rules involve buying more stock on breakouts as new boxes (generally overlapping) are formed
In reality this is not relevant, as a true Darvas stock will breakout blowout for a few days, and then be trashed
or pull back for a few days and then blowout the last high (you , of course have a buy stop in place for this)

DD

P.S. Remember, Darvas worked with weekly charts, spanning a year or more, no daily charts.