When Complacency Reigns We All Get Wet

When Complacency Reigns We All Get Wet

This button is simply an alternate way of expressing the classic contrarian sentiment. When all is rosy and everyone is happy, that means that all investors who might buy stocks have bought stocks, and thus there is no more fuel to push stock prices higher. At that point, all it takes is a whisper of bad news, or even apprehension of bad news, for selling pressures to overpower buying pressures and start the market on a downward slide ... during which we all get wet (unless we quickly go to cash or sell short).

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