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<DIV><STRONG><FONT color=#000000 face=System size=4>hi
all,</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#000000 face=System
size=4> I was
wondering if anyone uses FUTURE SOURCE, for their data
feed,</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#000000 face=System size=4>and are you happy with
it</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#000000 face=System
size=4></FONT></STRONG><STRONG><FONT color=#000000 face=System
size=4>
</FONT></STRONG></DIV>
<DIV><STRONG><FONT color=#000000 face=System
size=4></FONT></STRONG><STRONG><FONT color=#000000 face=System
size=4>
thanks in advance, GOOD TRADING</FONT></STRONG></DIV>
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</x-html>From ???@??? Mon May 17 07:45:43 1999
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Date: Mon, 17 May 1999 16:42:31 -0000
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From: Zaheer Bhyat <zaheer@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: RE: food for thought...Dow
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Earl,
I understand why you would want to see a scale that doubles price for a
fixed vertical distance, I agree with this and use these charts all the
time. I don't understand why you would use a scale that considers a move
from 1000 to 10000 to be the same order of magnitude as a move from 0-1000.
IMHO the move from 1000-2000 is the same magnitude as 2000-4000, this is
lost on a pure log scale as you seem to be using on your chart. I would
like to ask you to defend the validity of your channel with specific
reference to the scale you are using. It seems to me that the 0-2000 area
of your chart is given undue importance by virtue of it being enlarged on a
scale basis relative to the rest of your chart...
TIA
Zaheer
>Not sure if I understand the question, however, log and semi-log scales
(not
>sure of the exact distinction other than terminology from one charting
>product to another) displays price relationships such that each 100%
>increase will occupy the same vertical space as the previous 100%
increase.
>Thus: 0-1000 and 1000-10,000 would occupy the same vertical space. It is
>important to use such scaling when working with price series which display
>large changes in price.
>Earl
----- Original Message -----
From: Zaheer Bhyat <zaheer@xxxxxxxxx>
To: <eadamy@xxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxx>
Sent: Monday, May 17, 1999 9:50 AM
Subject: RE: Food for Thought...Dow
> Hi Earl and all,
>
> Thanks for posting this really interesting chart. There is one thing I
hope
> you can help me understand though. The Semi log scale you use betwen zero
> to 1000 and 1000 to 2000 for a 100% rise doesn't seem to correspond to
the
> doubling on the scale from 2k to 4k and 4k to 8k. (I hope what I'm trying
> to say is clear). Can you please explain the logic of your scale?
>
> Thanks
> Zaheer
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