NEW YORK ( TheStreet) -- Sometimes all I can do is sigh, step outside and breath in the cool "June Gloom" Santa Monica air.
It boggles my mind -- people who have lived in Southern California their entire lives appear confused when it gets cloudy in LA in June. Have a look west at that thing called the Pacific Ocean and do some basic meteorological research. In less than five minutes, you'll see that "June Gloom" is actually a typical and easily explainable annual weather pattern.
I love it. In fact, if I could, I would put all my money on the sun in June, as I wait for the inevitable rebound come July. Never short the sun in Southern California.
Some investors (not you) are a lot like dumb blondes. The same thing happens repeatedly and they continue to react the same way every time. They learn nothing from history. They lack the capacity to critically consider the way things -- be it the weather or stocks -- tend to ebb and flow.If you follow the stock market at all, you see this psychological phenomenon at play on a daily basis.