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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (35748)	10/7/1999 5:32:00 PM
From: Patrick Slevin	Read Replies (2) \| Respond to of 44573

Actually, I don't even think it's an official term. At least as far as the Exchange is concerned. But, if I had a position one way and wanted to reverse it then I agree. It's putting in a Stop with double the number. If you put in a Stop with the same number, then all you end up doing is going Flat obviously. I believe we used the term SAR because we were indicating to each other that we were reversing the position, that's all.