Abstract: The invention teaches an improved arrow construction which, by the partial or complete elimination of tail feathers as a means for stabilizing flight trajectory, improves both the speed and the accuracy of the arrow. A resilient stabilizing tail is substituted for tail feathers which substantially eliminates aerodynamic drag. In addition, the invention contemplates the use of a "shock piston" within the interior of the arrow shaft which serves to increase arrow penetration in the target by striking the arrow head after the initial target impact.