Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Big Tex House of Coin -- Ignore unavailable to you. Want to Upgrade?

To: Robert B. who wrote (16119)	12/30/2000 1:33:35 PM
From: Jeff	Respond to of 19297

THE POWER OF THE " SAR" and the 3-5-8 rule....... nasdaq 2-month...... bigcharts.com the important thing to remember.....that if any of the days fail...the 3-5-8 tells you to get out...... nasdaq hit sar.....1-2 were down.....buy day 2.....3 should be up.....if its not...get out!!!!!!!!!!! in this case...nasdaq day 3 was up......but day 5 failed.....that was a signal to run.....because day 5 has got to be up...... NOW THE PERFECT 3-5-8 pattern........ the stock is LEH........ bigcharts.com now look back at nov.28......sar hit......day 1 and 2 were down......day 3 up.....day 4 up slightly or flat...or down slightly doesn't matter.....day 5 is now in play......if day was down...it would be a signal to get out......but day 5 was up.....so the pattern is holding..... now day 6 and 7 are down.....so since the pattern is working to perfection.....day 8 should be up and confirm a longer breakout...... as you can see......day 3-5-8 were all up days.......now if you are just a long holder.....and this pattern holds true......you can buy day 2.....make sure the pattern is holding.....and if you get to day 8 as up......get ready for a longer run.....or you know you can sell day 9 or 10 and be happy....... now if you are a trader...... you buy day 2......sell day 3......buy day 4.....sell day 5.......buy day 7.....sell day 9....... or since day 4 should be flat or up or down a little......just buy day 2 then sell day 5...... just remember.....any breach in this pattern and it doesn't work....... you can only start counting the pattern if the sar is hit.....and the first day after the hit is down...... regards

To: Robert B. who wrote (16119)	12/30/2000 1:52:12 PM
From: Jeff	Respond to of 19297

now if everybody understands this.....i have a play to watch for next week...... PKSI..... bigcharts.com sar hit at 6 1/2 on thursday......friday was down.....thats day 1......now tuesday will be day 2......if its down......the pattern could be starting...... now...you can buy tuesday if tuesday is going to finish down......or you can wait to see what the overall market is doing just to be safe.....and wait till wednesday morning....... now if tuesday...day 2 is up......forget about it...the pattern is no good..... BTW...look back at the beginning of dec. on the PKSI 1-month.....you will notice that it had a sar hit.....day 1&2 down...day 3 up.....day 4 flat or up slightly.....BUT DAY 5 was down.....so pattern STOPPED!!!!! and looked what happened......tank time...... another one that may have the pattern going is FBCE...... it had a sar hit on tuesday......day 1&2 were down.....but friday..day 3 was up.....BUT JUST SLIGHTLY!!!!! so take that in mind.....if tuesday day 4 is close to flat..up or down slightly.....you may want to gamble on day 5 being up......or just watch it......and if 5 is up.....day 6&7 should be DOWN.......then buy day 7 and you could get a nice 2-DAY ride!!!!!!!!! and always remember OVERALL MARKET CONDITIONS!!!!!!!!!!!! regards