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To: John Madarasz who wrote (25213)	12/14/2001 2:18:20 PM
From: pressboxjr	Respond to of 209892

ES trying to break out of this bear pennant on the 34 min chart. Edit......it just got pushed back. Got jello?

To: John Madarasz who wrote (25213)	12/14/2001 6:12:11 PM
From: NOW	Respond to of 209892

John; the 200 and 50 day mav taken out today convincingly does not change your mind at all?

To: John Madarasz who wrote (25213)	12/15/2001 12:03:47 AM
From: At_The_Ask	Read Replies (1) \| Respond to of 209892

I need to see a longer term chart of the dollar index. The only ones I have seen go back like a year or so. I base alot of my theories on the gold charts as they would move inversely to one another. The dollar looks to be correcting but everyone keeps talking about deflation. You can't have both at the same time unless you believe that gold and not the dollar is a true measure of value. If the amount of goods and services that can be purchased for one ounce of gold increases; then as far as gold is concerned you have deflation. The dollar used as a metric would say you have inflation. We have only been off the gold standard for thirty years. This is an eyeblink in the amount of time that gold has been money. I think at this point no one knows what could happen. Even Greeenspan says that it's becoming more and more difficlt to determine what money is anymore. The price of gold says that we have already been through inflation and that deflation is what is needed now.