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Pastimes : Silicon Investor: What's Next?
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To: Don Pueblo who wrote (218)4/18/1999 8:00:00 PM
From: J_W  Read Replies (1) of 395
 
I find the charts on SI so totally annoying that I never use them. I don't like logarithmic charts, they give a false idea of movement, IMHO. I think somebody invented them to save space. Also, going back a max of 100 days is pretty useless unless you are a day trader. Just a simple ordinary chart would be helpful, the way it is now is wasted space. Yeah, they are different. Different and useless. The only worse ones are Yahoo's.

You are totally wrong on the log scale.

If you have a stock that goes up from 10 to 15 dollars, that is a 50% increase. A stock that goes from 20 to 25 dollars has increased by 25%. On your arithmetic chart the increase appears to be equal. What the log scale does is make percentage of change look the same on the chart regardless of the price change. Any good technical analysis (TA)book will always tell you to use a log scale.

The problem with SI charting is the lack of user controls, one of which should be a log/arithmetic switch (for those of you who insist on doing it wrong). But this is just scratching the surface. The charting on SI is grossly antiquated compared to many other free web sites such as Big Charts, ICQ and ASK.

I don't use SI charting either. It is totally useless to me.

Regards,

Jim
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