XJO 0.52% 8,230.1 s&p/asx 200

The charts posted on this thread are often interesting,...

  1. 423 Posts.
    The charts posted on this thread are often interesting, sometimes useful.

    One thing I don't get though, is people using LINEAR charts over long periods of time. When you have a chart for a few months, or even a few (5) years, a linear chart is OK.

    But for long term work, the ONLY POSSIBLE chart to show is a log-linear, i.e. logarithmic price, linear time. The gradients of lines are completely different on a log-linear plot compared to a linear plot.

    In fact, if you take Voltaire's most recent chart, and plot it on log-linear scale, those two trend lines come very close to lining up! On a log-linear plot, there is only ONE such trendline.

    Somebody else posted a chart that showed this very fact, at some time during the past week.
 
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