Comments on: Nicolas Darvas trading techniques require markets at all-time peaks

By: guru

guru — Fri, 18 Sep 2009 13:20:17 +0000

I’ll go one step farther than you. I believe the investment process for individual investors should be:

1) time the market: if it’s trending down (S&P 500 index below its 200-dma and MA trending down), go to cash; if trending up, buy stocks.
2) when trending up, follow industry rotation by the big money herd and buy the stocks in those industry groups with the highest volatility.

By: James

James — Fri, 02 Jan 2009 17:07:03 +0000

Nice observation. It’s been in the back of my mind to verify the market direction during the massive gains by these renowned investors/traders. I just did another observation of the “Turtle Traders” who basically used the Darvas system from 1983-87 and the market was in a nice bull trend during that time too. The Turtle program was supposed to go to 1988, so thinking the crash of ’87 had something to do with it. It’s not specifically mentioned in either of the turtle books, but maybe alluded to when the program was terminated after Dennis took a big hit…

By: william peterson

william peterson — Thu, 20 Sep 2007 06:36:24 +0000

The U.S. stock exchanges are not the only stock exchanges in the world.China,India and many other countries have exploding stock prices why not apply Darvis system to other stock exchanges .Is anyone doing this? send reply to 711free@msn.com

By: jeff

jeff — Fri, 25 Aug 2006 16:43:37 +0000

The averages essentially got nowhere from 1969 – 1982 and you`re suggesting that the Darvas and Livermore methods won`t work well at all in this time frame. I believe you are wrong about your conclusion. Study some price charts during that time period and you will find some stocks hitting all time highs.

By: r

Thu, 13 Oct 2005 00:18:46 +0000

i enjoyed reading your comments, and i would like to continue doing this, but, i do not have your web address

can you send it to me,,,thank you

royalblue561@yahoo.com

By: Since Day 1

Since Day 1 — Mon, 10 Oct 2005 06:56:53 +0000

“Perhaps we growth stock traders should stay out of U.S. growth stocks until the market indexes reach historic peaks again–maybe in 2016. Think about it.”

Absurd! How is your broker going to profit from you following a rigid odds in your favor strategy? It simply won’t do. Ignore the man behind the curtain. Taser shares, anyone?

By the way, keep up the good work.