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No, although semilog has very little effect on charts
that cover less than a year or so.
wd
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Tony
Pylypuk
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Monday, March 05, 2001 8:28
AM
Subject: Re: [RT]S&P: just another
pretty picture
In the old days, semi-log charting was difficult with pen
and paper.
Given the advent of computers and charting programs, is
there any continuing reason why short term charts shouldn't be done in
semi-log as well?
Tony
----- Original Message -----
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<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
wavemechanic
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: March 5, 2001 8:24 AM
Subject: Re: [RT]S&P: just another
pretty picture
Long term charts should be viewed with a
semilog scale. Under those conditions, the 1982 trendline is still
firmly in place.
wd
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Stan
Book
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Monday, March 05, 2001 1:51
AM
Subject: [RT]S&P: just another
pretty picture
My preferred scenario has been for the SP500 to retreat
to its long term upturned (from 1982) at the end of the current 4 and
20 year cycles in 2002.However, now that the index has violated
both the accelerated up turned linefrom 1994 and the 1998 low which
marked the beginning of this four yearcycle, a less optimistic
scenario must be entertained.The long term up turned, and
horizontal support drawn from 1996, appear toconverge about 1000
around Oct 2001. If this geometry describes price actionto the 2001
low, The final low of 2002 should reward bears, punish bulls,and usher
in that cherished American tradition: a divided government.Happy
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