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mammon
Posted : Tuesday, April 6, 2010 11:44:22 AM
Registered User
Joined: 11/11/2006
Posts: 359
DDR is another that may well break soon.

It hit a new high on 3/17 and has had a fairly tight consolidation since.

If you are a Darvas fan, a stop would be below the bottom of the Box at 12.00

GMMA would suggest perhaps NOW would not be an inappropriate entry......

The shape of one mans opinion



Mammon
fpetry
Posted : Tuesday, April 6, 2010 1:37:14 PM
Registered User
Joined: 12/2/2004
Posts: 1,775
Nice, nice chart.  Starting to move out of its flag last two days, I'll watch it, thanks for the heads up.  I'm a Darvas fan; his simple little book is probably my all time favorite on investing, at least for pure enjoyment.   Stop below 12 looks just right to me too.  Speaking of Darvas, he influenced William O'Neil's canslim method. 
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