Go to Jeff Salisbury LWGate Home Page.From: Richard Yoder <ryoder@snowcrest.net>
Subject: Re: [CANSLIM] semi-log DGO?
Date: Sat, 01 Jun 2002 14:52:45 -0700
Next Article (by Date): Re: [CANSLIM] Intraday Index Data and Currency Data "Patrick Wahl"
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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. >> > > - > -To subscribe/unsubscribe, email "majordomo@xmission.com" > -In the email body, write "subscribe canslim" or > -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email.
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