WALL STREET: The Darvas Effect

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What most readers of Darvas' book fail to realize is that the stop-loss order method must be used, as Darvas does, with the skill of a professional trader; it is not for amateurs. To stop the sudden swings, the floor governors of the exchange are closely watching 13 stocks with an unusual volume of stop-loss orders, have held several meetings to discuss the problems presented by the "Darvas Effect."

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JOACHIM LOEW, German National team coach, after Robert Enke, a goalkeeper for the German national football team was found dead after jumping in front of a train
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JOACHIM LOEW, German National team coach, after Robert Enke, a goalkeeper for the German national football team was found dead after jumping in front of a train

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