Gann45: "That is because the movements in the market, even extreme long term are growing from the POINTS/TIME relationship of a small initial movement 73 years ago and that is growing over time.
The market is not growing according to percentage moves."
Well, this statement is simply at odds with every analysis I've ever seen. Talk to any financial advisor, and they will show you growth curves - not (straight) lines. The curves come about because investments (and the market) grows according to percentage moves - long term average is 12% per year. (NOT 100 pts per year, or something like that).
If linear charts work for you, then please, continue using them. I just see things differently then.
monday trading, page-107
-
- There are more pages in this discussion • 71 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,092.3 |
Change
139.100(1.75%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,953.2 | 8,092.3 | 7,952.8 |
| XJO (ASX) Chart |