|
PureBytes Links
Trading Reference Links
|
I am either lost in the semantics or the details. In any event, it works for
me and your mileage may vary.
Earl
----- Original Message -----
From: Zaheer Bhyat <zaheer@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Sent: Monday, May 17, 1999 10:42 AM
Subject: RE: food for thought...Dow
> Earl,
>
> 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
|