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To: funk who wrote (5787)11/19/1998 8:32:00 PM
From: steve goldman  Read Replies (1) | Respond to of 12617
 
STOCK NAME DROPPING -

This post is addressed to the many up here who seem to consider this thread a target for stock name dropping.

Irby has hosted this thread for quite a while and has developed a wonderful resouce for online investors and traders. One of the reasons it has been so successful has been its ability to stay on focus and avoid the digression that comes from naming stocks.

On behalf of the thread, I would ask those who continue to hype stocks to please discontinue this course of action on THIS thread. I think we would all love to learn about your issues, but they dont belong on this thread. Infact, I would think that if it persisted , people might get so pissed off that they go around disparaging your issues, on boards here, on yahoo, whereever possible, to discourage such activity.

Please stop hyping stocks on this thread. Its starting to look a bit ugly.

Regards,
Steve@yamner.com



To: funk who wrote (5787)11/20/1998 1:26:00 AM
From: peter michaelson  Respond to of 12617
 
Oh God, sounds like me these days.

I've GOT to buy that book.

probably better to borrow from library.

Thanks funk, Peter



To: funk who wrote (5787)11/20/1998 5:11:00 PM
From: Uncle Frank  Read Replies (2) | Respond to of 12617
 
>>HOW I MADE $2,000,000 ON WALL STREET by Nicolas Darvas. One of the very best books around, maybe.

I looked for the book at Amazon; the closest fit was "How I Made 2,000,000 in the Stock Market" by Darvas. Is it the one you're referring to? If so, amazon.com has it in paperback for $10.36.

Frank



To: funk who wrote (5787)11/20/1998 5:31:00 PM
From: WaveSeeker  Read Replies (1) | Respond to of 12617
 
I just reread the book, and the most interesting part is the Q&A section at the end of the book. It clarifies some of the rules for what defines the "top" and "bottom" of a box and how a new box is created. It would be interesting to know if anyone has actually tried to program his methodology, although there is obviously some "art" to it. For example, he does mention in one of the answers paying attention to new highs and other market statistics. Further, during any bear markets, he pretty much stayed out of the market (thanks to his stop losses) and then waited for a market upswing by concentrating on stocks that stopped going down and showed strength despite the weakness of the market. Would anyone else be interested in trying to define his rules? I have a programming background, so perhaps someone would be interested in collaborating on this.

- Mark