>In general, all markets in which >expectations of future prices play a more determinant role than >actual prices, may act as "Giffen markets" if actual and expected >price changes follow different directions... Sorry, both should have the same sign. Alex Alex Izurieta E-mail: [EMAIL PROTECTED] Institute of Social Studies P.O. Box 29776 2502 LT The Hague Tel. 31-70-4260480 Fax. 31-70-4260755
