Arthur,Just a couple of quick questions for my simple...

Arthur,

Just a couple of quick questions for my simple mind....

How do you get an 18 degree slope. Is it on the basis of using one day horizontally and one cent vertically?

And secondly, should the vertical scale not be logarithmic, as the importance of a one cent move decreases as the price moves higher.

If you draw the chart using a log scale, you get a completely differnt picture. And one which I would think should have more validity, all things considered.

We all have our theories on charting... some live by it, some ignore it. But if you are using it, I would think that the first thing you should do is use a log scale on the vertical axis. It puts moves into perspective, particularly when the price range is so great as in the case of OXR.