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[RT] Re: Arithmetic vs Log



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Stephen,

I know I won't explain this like a mathematician would, but the vertical 
scale on a linear chart is spaced exactly the same between 5 & 10 as it is 
between 95 & 100.  The logarithmic chart is proportional so that the distance 
on the vertical scale between 5 & 10 (a 100% move) is in proportion to a move 
from 95 and 100 (a 5% move).  The logarithmic chart allows you to compare 
similar moves more easily when viewing a number of charts.  If you are just 
looking a one chart, it probably doesn't make any difference.

You can tell by looking because the left hand vertical scale will be a 
proportional scale, i.e., the numbers will not be evenly spaced.

Bill