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How I Made $2 Million in the Stock Market: The Darvas system for stock market profits by Nicolas Darvas

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Chapter nine: My Second Crisis

The half-million-dollar news gave me enormous confidence. I had a very clear conception of how I had done it and I was also convinced I could repeat the feat again. I had no doubt that I had mastered my art. Working with my cables, I had developed a sort of sixth sense. I could “feel” my stocks. This was no different from the feeling that a musical expert develops. His ear will detect a flat note which is inaudible to the ordinary listener.

I could almost tell what stocks would do. If after an eight point advance a stock dropped back four points, I did not become alarmed. I expected it to do just that. If a stock started to firm up, I could often predict the day its advance would start. It was a mysterious, unexplainable ...

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