If you are reading this blog, no doubt you are a student of the market (or bored out of your mind). If you are a student of the market, that means that you must also, by default, be a student of the human condition. If you are bored out of your mind, this message is for you, too.
I know that I've mentioned this before, but it bears repeating. Go get the book, The Tipping Point by Malcolm Gladwell. I have despaired over the market's seemingly slow cognition of what seems to be the obvious. But I realized today, that the market must reach a tipping point prior to it capitulating to what is seemingly the obvious.