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Less is More
Many times, the data presented on a chart can get in the way of the analysis. The wiggles seen even on long-term charts obscure the trends we are trying to find so we need a way to cut through the clutter. Computerized filters using such complex concepts as fractals, wavelets and noise reduction can help, but only if you have the algorithms and understand how to apply them. Rather, let’s use the tools at hand to simplify the process to “see the forest” rather than “getting lost in the trees.”
Michael Kahn, editor