Foreign currency trading – Since this publication took several days to reach him, he needed to be brought up to date by cable concerning the most recent activity of the stock.
It was in Hong Kong that he first noticed the unusual amount of trading in the stock of a small company, and from there he sent this cable requesting "this week's range and closing price of e. l. bruce". Little did he suspect then that his pinpointing of this stock on purely technical grounds was to result in a profit of almost $300,000. Once the daily quotes on a stock showed Darvas that it was following the pattern his theory called for, he would generally make a small pilot buy. It was only when he actually owned shares that he could really get the "feel" of the stock's movements.
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