Darvas Boxes

Richard C. writes and asks about Darvas Boxes. As usual, I ain't never heard of 'em before. So I browse a bit and find that it's the brainchild of former ballroom dancer Nicolas Darvas (in 1956 ) and has something to do with stock prices trading in a narrow range ... for a while. For example: Microsoft, over the period Nov 18/09 - Dec 16/09): The variation is about 3%. So I draw a rectangle identifying the range. Then I see what happens after that. See? The price breaks out of the rectangle and (I guess?) one should buy the stock. "I guess", 'cause I don't know much about these Darvas Boxes. Did I mention that I ain't never heard of 'em before? P.S. I reckon the stock can break out down as well as up. There's a spreadsheet to play with. Click! See if you can find neat Boxes. ... especially recent ones. Here's a recent one (Walmart): Let's see what happens next, eh? The spreadsheet looks like this. --------------------------------------------------- P.S.