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To: Robert B. who wrote (16217)1/3/2001 5:02:59 PM
From: Jeff  Respond to of 19297
 
i'm not worried about bad news on stocks under a buck berto......roll!!!!!

its pretty much factored in.....

and on big boys...i use sar for shorting......so i'm happy for bad news......roll

yes.....hahn always gives a generic warning to cover all bases......but if you followed his long port.....you wouldn't be doing so great.......roll

and because of this record day......and if it fails on the sar hit like i said.....the 11th will indeed be a day to short...because like i said in a prior post...the 11th will then be a day 5 ......and an easy money short......but it could also signal another uptrend by day 8 the 16th......which would be the buy in before the fed meeting on the 31st.....



To: Robert B. who wrote (16217)1/3/2001 5:24:27 PM
From: Jeff  Read Replies (2) | Respond to of 19297
 
another thing......you should only be buying a tight sar hit anyway......that reduces the risk.....and if you hit it right.....you could be out the same day.....

i hit BEOS on the hit today......in at 1.06......i could be out already......

and the only other time you should buy a sar is on day 3 after 1 and 2 fail......and day 8 if the 3-5-8 work to perfection......

its just as easy to short off the sar.....short day 1 on a far off hit......short day 5 no matter what......

like i said......in a bull market...the sar works best to get you in before a big long move.....

but since we have been in a downtrend for many months.....the sar is used now for pure trading opps.....and getting you out in time to save your butt......

just think......you see a stock rising and chase it.....and then to your disbelief.....the next day its down.....and then the day after it falls further......so you bail for a loss.....then a week later you look at the stock and its running bigtime......

well.....had you known about sar.....you would realize it was a far off hit.....and days 1 and 2 will be down......so you would not have chased it to begin with...and you would know that if it gets to day 8.....you are in for a ride.....

the sar can do nothing but help everybody become a better trader.....

those who know about it.....and ignore it....deserve to lose their ass over and over again......

and if you take the time to learn it.....you can become a guru to those who have no clue......roll!!!!!

i read other threads...and when they mention a stock .....or someone says we are going to rock tomorrow.....

i just just look at the sar.....and say to myself.....you poor fool.....you have no clue whats coming...roll!!!!!!