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 -- Ignore unavailable to you. Want to Upgrade?


To: Dow Beater who wrote (238)1/18/1999 6:05:00 PM
From: Iceberg  Read Replies (1) | Respond to of 498
 
>I believe the bull is weakening.

Dow Beater,

Maybe so, but I don't see anything on a daily or weekly DJ-30 chart that would indicate market weakness. It's my opinion that market weakness shows up in the charts, and when stops get taken out. Not sure what you are seeing that is of concern.

My impression from reading Darvas is that he didn't worry too much about the overall market direction relative to stocks he had already bought. That is, he let the stops get him out of his positions. Thus, he was out of the market early...way before a weakness in the general market was evident to most other people. Is my understanding on that point correct?

Ice