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Picture of overdamped, underdamped, and critically damped responses.

Speculators or futures buyers speed up the response of the market.

I can see a criticism of scalpers, when there is finite supply tickets, but long term markets, the speculators provide some value for the little profits they take.


There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway
The man who makes no mistakes does not usually make anything.-- Edward John Phelps