Just an observation I've made. It seems that if we perceive something to be obvious, it's usually dead wrong. At least in the short term anyways.
The beginnings of some trend always starts quietly. Then it picks up speed as smart people catch on. Finally, when it's recognized by everybody, the price no longer warrants an obvious investment although the strength of that company/industry has become obvious.
Same way goes in the reverse I suppose. When you've got most of the message boards screaming that a crash is coming, that's most likely not going to be the case. Partly because we react to such a perception by being more careful with our money. A crash generally only comes when few people suspect it is even possible.
Expect the unexpected I guess.
Submitted July 12, 2017 at 10:23PM by Adaptable_ http://ift.tt/2tOlkgE
