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Non-Tech : The Conflicted Thread
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To: Cogito Ergo Sum who wrote (573)11/23/2011 1:19:47 PM
From: Frank PembletonRead Replies (2) of 841
 
the SAR? I rely on it for certain chart patterns-- like yesterday for example I was mechanically stopped out of my energy position using the SAR as my discipline. There are other ways of using it too, like in a counter rally where a stocks takes-off due to short covering, a lot of time hitting the SAR from underneath (when the RSI is around at or below 50) without decent momo will trigger a sell signal too. It can be used as support as well as resistance...depending on the pattern
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