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To: tyc:> who wrote (664)11/28/2001 7:06:10 PM
From: d:oug  Read Replies (2) | Respond to of 39344
 
speculation sets the price of a commodity... Nothing has...
... has significance beyond how it is perceived by speculators!

tyke,

No way i'm gonna debate you on your words.

But please might you supply an example where the following
as you wrote overpowered the supply demand equation used
in economics 101 and actually created a situation that while
for example demand exceeded supply the price decreased?

Even if so then might the near term future, as in days or weeks,
click in the supply demand equation and maybe even over do it.

Seems like this speculation factor you talk about may be more
accurately stated as controlled manipulation by a few to cause
the many to react in a controlled perceived manner :o)

>>Historically, does it matter if such a breakout is due to
production shutdowns as opposed to market demand?
IMHO, No! It is speculation that sets the price of a commodity...
Nothing has significance beyond how it is perceived by speculators!

d:oug w/ forked tongue in cheek :o)