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To: marginmike who wrote (19342)	12/8/1998 4:03:00 PM
From: Jon Koplik	Read Replies (2) \| Respond to of 152472

Jason - if you followed commodities as closely as I do, you would understand my willingness to use the expression "a whole move based on nothing." An example - silver going to about $7.00 on news that "the great" Warren Buffett had removed 1/5 of this year's production from the market. Guess what ? It's back to $4.80. Silver should not do well during the fastest decline in commodity prices in about 20 years. Jon.

To: marginmike who wrote (19342)	12/8/1998 4:44:00 PM
From: Clarksterh	Respond to of 152472

MM - OT - It's never nothing. On the contrary - it's often nothing. Many experiments have been done with a small group of people and fake stocks with a known price at the end but no information added in the middle. The 'stocks' move in a very similar way to the real stock market (i.e. with lots of random motion and in fact they often peak higher than their final known-in-advance value). Clark