XJO 0.88% 7,959.3 s&p/asx 200

redback report. 24/6/2010, page-4

  1. 1,870 Posts.
    I am trying not to step out of my box too much, but thanks red for your weekly synopsis.

    For quite a while I have been trying to get my head around p&f charts as it seems they have something to offer. Anyway, mine was oddly different from yours, as far as I can tell stockcharts use a logarithmic scale and the one shown below is non-log but all the other parameters are the same. From what I understand log charts are better over long periods and large price differences, anyhow mine has a much more bullish note to it if that is of any interest.

    Keep up your great work.

    Photobucket
 
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