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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (6666)	4/24/2000 7:35:00 PM
From: sammy	Respond to of 39683

Thomas, Outstanding work this past month or so on SCH and BVSN. I wish I had returns like that!!! As for SCH these past 2 days, I don't believe there is much that can be done. Parabolic SAR would only work if the stock trended. SCH traded in a fairly narrow two point range the last 2 days and only resulted in trivial gain/loss. Using ma crossovers is best for trending stocks. Is there a way to look for stocks that on the verge of trending? Perhaps trading SCH after a couple days of trendless trading would be wiser? Sammy

To: Dr. Stoxx who wrote (6666)	4/24/2000 8:06:00 PM
From: xcr600	Read Replies (1) \| Respond to of 39683

Little more of a definition.. but not much help for the formula. Formula sounds like it might be a bit messy. Maybe write something up in a spreadsheet to compute it. Keep us posted.. Parabolic (SAR) The Parabolic is a Time/Price system for the automatic setting of stops. The stop is both a function of price and of time. The system allows a few days for market reaction after a trade is initiated after which stops begin to move in more rapid incremental daily amounts in the direction the trade was initiated. For example, when a long position is taken the stop will move up regardless of price direction. However, the distance that the stop moves up is determined by the favorable distance the price has moved. If the price fails to move favorably within a certain period of time, the stop reverses the position and begins a new time period.