Sunday, May 13, 2007

DARVAS WEBSITES

Here are some fun websites to talk about the Darvas theory.

The story: http://www.nicolasdarvas.org/stockmarketarticles.php


How to do it: http://www.darvastrades.com/darvas_boxes.htm

Free Darvas Box plotter: http://www.sethi.org/investments/darvas/

I searched again on Sunday and noticed that BLUD has an ADX of 12. If it closes BELOW $33.65 go short. If it closes ABOVE $34.35 go long. Expectation - ??? No really, I would probably say upward continuation save a huge drop in the stock market.

HMIN has an ADX of 10 and has been for 3 weeks. Big move comin' up? You better believe it.

Good luck trading.
JD

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