Forum Archive Index - February 2003

["Harold Skinner" <petzl@spamcop.net>]

My Blurb below (treat with caution)

 

 (check your parabolic SAR on any recommendation just to see what happening)

 

Although if you are SURE of fundamentals that overrides chart decisions (IMO)

 

"SAR" stands for "Stop and Reversal" used by many as a stop loss tool.

 

I find the "BigCharts" factors seem uncanny for Australian stocks?

You have to get your own feel and interpretation of charts  though

(more of an art form than a science)

 

use or select JAVA chart option

http://bigcharts.marketwatch.com/

 

for ASX stocks put AU: or au: before and ASX code after

e.g. for MSC put in box au:MSC

(The SAR suggests its not a buy yet The SAR trend needs to cross price line)

 

where the "ABOVE" SAR (blue) line crosses price this is the buy or sell point. Top SAR trend crosses price line SELL.

Where bottom SAR trend crosses price trend BUY (at least this is the theory)

­ ¯  ­Sell   ¯ Buy  In the Picture/graph I have put the arrows to show how it works