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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: allen menglin chen who wrote (41908)2/2/2001 12:37:03 PM
From: Murray Grummitt  Read Replies (1) of 42787
 
Allen,

The price is a math function of certain structure and the envelope shows the most likely continuation pattern of it based on a linearly priced index. Very interesting, however I strongly believe one should use logarithmic charts especially when we are talking about large moves in an index over a long period of time. I am sure that if this were done the conclusions would be different and far less optimistic! It would be interesting to see a comparison using logarithmic charts, as I believe they work better.

Murray
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