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However, speculative long positions do not respond to a shock increase in future prices, indicating that, in the short-run, prices respond positively to higher speculative activity - and not the other way around - although this effect dies down after three weeks. The opposite was found *to hold* between price and speculation during the 1996-2002 period.
2007-01-07 20:24:44 · 7 answers · asked by Satria 1 in Education & Reference ➔ Words & Wordplay
I believe the last sentence could be rephrased as "The opposite was found *to be the case* between price and speculation during the 1996-2002 period."
2007-01-07 20:27:40 · answer #1 · answered by russell.ault 3 · 0⤊ 0⤋
It means that there was no movement between the actual price and the speculative price during the 1996-2002 period.
2007-01-07 20:27:51 · answer #2 · answered by Loren H 3 · 0⤊ 0⤋
" To hold" here means "to hold true".
To paraphrase the sentence: "The opposite was found to be the case during the period from 1996-2002.
2007-01-07 20:43:48 · answer #3 · answered by True Blue 6 · 0⤊ 0⤋
to hold means not to invest during the tenure
2007-01-07 20:28:43 · answer #4 · answered by david j 5 · 0⤊ 0⤋
the opposite was found to be true
2007-01-07 20:27:37 · answer #5 · answered by nvr10pts 3 · 0⤊ 0⤋
It means to be true; it is from the expression "to hold true."
2007-01-07 20:27:35 · answer #6 · answered by Anonymous · 0⤊ 0⤋
it didnt move up or down, it didnt change, it just stayed in one spot, it held there, like when you hold something out.
2007-01-07 20:27:02 · answer #7 · answered by xeraphile 3 · 0⤊ 0⤋