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Technology Stocks : Semi Equipment Analysis
SOXX 288.52-0.3%Nov 14 4:00 PM EST

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To: Gottfried who wrote (18)10/19/2000 4:34:27 AM
From: scott_jiminez  Read Replies (1) of 95420
 
Observe the unprecedented large difference between SOX monthly low and high recently.

Not to be TOO school-marmish here Gottfried, but it's essentially impossible to derive 'difference'-based conclusions using the arithmatic scales you apply. For example, the current APPROXIMATE difference between the SOXX high (1200) and low (900) is 25%. Let's now look at the period around the last order peak (~Oct., 1997): at that time the SOXX high was ABOUT 325 and the low was ABOUT 225, a difference of 30%.

But I'm trying to read this graph beyond the resolution it was intended. You may still have a point about 'unprecedented'; however the only way to prove it is by converting your graphs to log units thus providing the appropriate scaling.

In fact, as I've mentioned before, you should apply to this to all of your graphs since logarithmic presentation is the only means to compare relative changes from different bases.

(If Geocities cannot convert the data, I have a stats program that can...just provide me with the raw numbers)

Scott
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