Ma should stick to baking apple pies and Pa should get back to work on the faulty alternator to the old Ford pickup, because as general market timers they are all too good… in a bad way.
For months on end AAII tend to hold out against a bullish stock market until one day, seemingly out of the blue, they jerk bullish. This chart shows previous cases when AAII red lined it. The downside need not happen right away but an over-bullish Ma & Pa are a condition of a market top. They are bullish and gaining momentum in that orientation.
“Look at me; I’m fallin’ apart here.” You know the reference of course.
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