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To: Perspective who wrote (66893)	2/20/2003 11:07:48 AM
From: reaper	Respond to of 209892

<<Our present system allows them to "offset" each other, when they are indicating increasing instability in the monetary system. >> BRAVO!! could not have said it better myself. also lays bare the ridiculousness of the "inflation OR deflation" / "good OR bad" argument that we (and many market participants) are so obsessed with. Cheers

To: Perspective who wrote (66893)	2/20/2003 11:20:35 AM
From: JRI	Read Replies (2) \| Respond to of 209892

Nice post. You still like the move off Thurs. lows as A-B-C? Anyway you see an impulse down off YESTERDAY's highs? I take it you agree with a full 5 waves complete off today's highs (impulsive)