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Update: Expected Pullback

Feb. 22, 2021 4:24 PM ET1 Comment
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  • AAII bull sentiment continues inching higher.
  • Low-windows stacked up.

In our last update to our followers on Feb. 11/21, we pointed out that the AAII bull sentiment had started to increase.  This week, the increase has continued, and the market has weakened as we expected.

Our reserve study has a stack of low-windows stretching into March.

We remind subscribers that the lag lo windows are relative measures, not nominal; they don't predict how low the low will be, just when the low is likely to occur.

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