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Pastimes : The Big Tex House of Coin

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To: Gush who wrote (15850)12/27/2000 12:05:27 AM
From: Jeff  Read Replies (2) of 19297
 
Peace.. Hey... do you trade for a living? or do you just have a lot of free time on your hands?

hey bud.....i'm guilty of both.....roll

bud.....i suggest you use your free time and study " parobolic sar" ........

if you are watching at stock.....and you know a "sar" is coming.....you have a 95% chance of making money the next day......

but you have to watch for one thing.....make sure the " hit" is within 20% or less.....the closer the better odds......

example.....you are watching a stock at 3.00......you see the "sar" dot above the price at 3.20......next day you are watching and notice the price is 3.30......you know a "sar" hit just took place......you can buy expecting a gap up at least the next day.....or in a bull market or uptrend......you likely get in right at the beginning of an extended run......

another example.....stock is 3.00......but "sar" dot is at 4.10.....you see the stock jump big one day.....you know a "hit" happened at 4.10...and the stock is at 4.30.....well....you might wanna becareful with that one.....there maybe a pullback depending on market conditions.......when i see sar hits 100% or more above the price get hit.....i use the 3-5-8 rule......just count the next day 1...2.....and if days one and two were down...day 3 should be up.......along with days 5 and 8......but it doesn't always work that perfect.....every stock is different.....its just a rule you use.....and if you see it working.....use it........roll......

the point is.....the closer the sar hit to the price......the better the odds of it working......

and since everybody watches certain stocks.....and if they see an intraday "sar" hit.....and alerts the thread......we can all get in for the next days run.......roll

the problem right now with the market tanking is that sar hits are mostly all still too far away.....but as time goes on and the sar's tighten on many stocks......there will be fireworks with many stocks getting hits one after another...for weeks straight......roll!!!!!

so everybody learn it before the next bull......or at least the next extended few week run.....remember those.....roll!!!

regards
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