Re: [CANSLIM] semi-log DGO?

From: Richard Yoder <ryoder@snowcrest.net>
Subject: Re: [CANSLIM] semi-log DGO?
Date: Sat, 01 Jun 2002 14:52:45 -0700

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Interesting thought but the fact is that flat is flat in either log or li=
near
scale. Log scales give you a "compound interest" presentation in which a =
given
rate of growth is represented by a line with the same slope no matter wha=
t the
price or whatever it is you're measuring. For example, a slope of =BD inc=
h per
inch (e.g. month)  represents the same rate of growth when the price is $=
10 as
when it is $95. A straight line represents a constant compound *rate* of =
growth,
e.g 15%. The same thing on a linear scale would be a curve, concave up an=
d left,
for growth, up and right for decay. On a log scale, if you want to compar=
e rates
of growth for two different periods of time you just look at the slope of=
 the
curve at those times, no matter what the values are. We're often looking =
for a
constant rate of growth and, for me, the log scale makes it easier.

Spencer48@aol.com wrote:

> Katherine:
>
>      DGO really does it this way: using arithmetic scales for the Day; =
and
> semi-log for the week!?
>
>      It's asking those of us who analyze charts using the Canslim metho=
d of
> using PP. BO's, C&H and Double Bottom formations to logically evaluate
> different items on the same scale.  For instance, if the price of a sto=
ck is
> high, a flat base will look flat on a semi-log where it wouldn't in an
> arithmetic.
>
>      Does the DGOnline method make any sense to you?  Tom?  Anyone?
>
> jans
>
> In a message dated 5/31/2002 8:57:20 AM Eastern Daylight Time,
> kmalm@earthlink.net writes:
>
> <<  Hi Dave,
>  The numeric interval is based on arithmetic scaling for daily and intr=
aday
> charts, and logarithmic scaling for weekly charts. >>
>
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