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Re: ThePennyTrader post# 12076

Tuesday, 07/01/2008 10:42:13 AM

Tuesday, July 01, 2008 10:42:13 AM

Post# of 69645
There is a chart on Bill Panetta's board posted yesterday by Tony_from_MI that shows it. It speaks for itself. You should also vist Stockcharts.com and complete the chart school this weekend. 8-12hrs. It will help you double you returns at a minimum. Briefly the trigger is always either above the current pps or below it. When it is hit on the way up it causes a major breakout. When it is hit on the way down it causes a major drop. Some people scan and play only the PSAR breakouts and look for the PSAR breakdowns to help locate bottoms. It is a perfect tool for a swingtrader who likes to accumulate and ride for days to weeks. You will notice on the charts that you usually have a week or more to ride with ups and downs after a PSAR trigger is hit. Great for flippers as well. GET READY BECAUSE WE ARE THERE NOW!!!

Enjoy

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