Wall Street As Guitar String

a: Wall street ~
b: a Guitar String

What: "During a panic, traders exaggerate the perceived distance between the current price and the "right" price, creating wild oscillations that are eventually dampened by the market's natural resistance to excessive trading."

Useful?
Writer: Lev Muchnik
LCC: HG
Where:
Date: Oct 18 2011 6:44 PM


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