measuring speed Need help!!

We are designing a speed o meter using lasers and Ldrs.. there is some thing wrong with the code Pls help
Here is the code

#include <LiquidCrystal.h>
// these constants won't change:
// led connected to digital pin 13
const int knockSensor1 = A0; // the piezo is connected to analog pin 0
const int knockSensor2 = A1; //the piezo is connected to analog pin 1
const int threshold = 100; // threshold value to decide when the detected sound is a knock or not
int time1,time2,time3,time4,timeA,timeB;
int timed;
float velocity;

// these variables will change:
int sensorReading1 = 0;
int sensorReading2 = 0;// variable to store the value read from the sensor pin
// variable used to store the last LED status, to toggle the light
LiquidCrystal lcd(12, 11, 5, 4, 3, 2);

void setup() {

pinMode(knockSensor1,INPUT);
pinMode(knockSensor2,INPUT);
// declare the ledPin as as OUTPUT
Serial.begin(9600);
// set up the LCD's number of columns and rows:
lcd.begin(16, 2);
// Print a message to the LCD.
lcd.print("hello, world!");
// use the serial port
}

void loop() {
// read the sensor and store it in the variable sensorReading:
sensorReading1 = analogRead(knockSensor1);
sensorReading2 = analogRead(knockSensor2);
// if the sensor reading is greater than the threshold:
while(1)
{
if (sensorReading1 >= threshold)
{
// toggle the status of the ledPin:

// update the LED pin itself:
// send the string "Knock!" back to the computer, followed by newline
time1=millis();

}
else if(sensorReading1<threshold)
{
time2=millis()-time1;
if(time2>=200)
timeA=time2;
}
if(sensorReading2>=threshold)
{
time3=millis();

}
else if(sensorReading2<threshold)
{
time4=millis()-time3;
if(time4>=200)
timeB=time4;
}
if (timeA>200 || timeB>200)
break;
}
timed=(timeA+timeB)/2000;
velocity=(0.02/timed)*(18/5);
lcd.setCursor(0, 1);
// print the number of seconds since reset:
lcd.print(velocity);
}

You are reading both sensors at the same time and then entering a infinite while() loop where you try make timing calculations. And this without updating the sensor readings. That makes very little sense to me.

And please, use the proper format to post your code

Proper format means.. Pls help

It means put your code in code tags.
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