Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Eagle who wrote (22203)	7/5/1999 11:12:00 AM
From: Tommy Dorsey	Read Replies (2) \| Respond to of 34811

No research on that. Each person is different. People tend to think in percentages in Mutual funds and dollar gains in stocks. Like a $10 mutual moving to $12 ia 20%, this would be meaningful for a mutual fund investor but a stock investor would just be waking up, looking for the move to $20. Tom

To: Eagle who wrote (22203)	7/6/1999 8:40:00 AM
From: Ben Antanaitis	Read Replies (1) \| Respond to of 34811

Eagle, If you want to see p&f charts scaled in 'percents', you can use EZ-PnF and set it to create 'log' scale charts. EZ-PnF let's the user set the box scaling value to a specific price percentage change eg a p&f chart with 1% boxes or 2% or 3.75%, 5%, whatever, etc. MicrosoftInvestor, Dreyfus Brokerage and Yahoo!Finance have historic mutual fund price data that you can download for free (links to this free data are listed on my web site). The registered version of EZ-PnF includes utilities that 'import' the downloaded data directly without requiring you to use a spreadsheet to edit it. Using log scale charts makes fund comparisons easier(stocks also, but we're taking about mutual funds here). The chart patterns for funds will look identical regardless of the underlying fund price, as long as the prices change by the same percentage. You can think in terms of percentage directly without needing to do conversions. Ben A. ez-pnf.com