Peter Eliades SMC Update 8-4-20

08/04/2020


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brad.jenson120
brad.jenson120

Regarding AAII as a contrarian bullish signal, I read that the typical member is a male in his mid-60s, and primarily focuseed on fundamental analysis. And from SentimentTrader: if you bought the SPX the last time AAII investment sentiment was this low for this long ou would have had a 49% drawdown [the start of 2008]. I don't know how accurate this is but it's interesting.

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