Robert Prechter Quotes

Authors: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Categories: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
The correct method for tracking the stock market is to use semilogarithmic chart paper, since the market's history is sensibly related only on a percentage basis. The investor is concerned with percentage gain or loss, not the number of points traveled in a market average. Arithmetic scale is quite acceptable for tracking hourly waves. Channeling techniques work acceptably well on arithmetic scale with shorter term moves.

-Robert Prechter
the-correct-method-for-tracking-stock-market-is-to-use-semilogarithmic-chart-paper-since-markets-history-is-sensibly-related-only-on-percentage-robert-prechter

Cite

APA
Robert Prechter Quotes. (n.d.). Jar of Quotes. Retrieved , from JarofQuotes.com Web site: https://www.jarofquotes.com/view.php?id=the-correct-method-for-tracking-stock-market-is-to-use-semilogarithmic-chart-paper-since-markets-history-is-sensibly-related-only-on-percentage-robert-prechter

Chicago
Robert Prechter Quotes. Jar of Quotes, 2019. https://www.jarofquotes.com/view.php?id=the-correct-method-for-tracking-stock-market-is-to-use-semilogarithmic-chart-paper-since-markets-history-is-sensibly-related-only-on-percentage-robert-prechter, accessed .

MLA
"Robert Prechter Quotes." Jar of Quotes, 2019. . https://www.jarofquotes.com/view.php?id=the-correct-method-for-tracking-stock-market-is-to-use-semilogarithmic-chart-paper-since-markets-history-is-sensibly-related-only-on-percentage-robert-prechter

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