[subjectHarold]

Market timing isn't impossible. Salesman (and the academics hired by them) seem to have a powerful influence over the herd but timing is fairly straightforward...valuation and momentum. That is it.

In addition, there are factors that predict future financial stress fairly well. Yield curve inversion is one, there are other more powerful ones.

In my experience, retail investors get angry because there isn't someone telling them exactly what to do and when. It isn't that easy. Over the long-term, the market is extremely non-random. But over shorter periods, it is very unpredictable. Most people are unable to cope with that psychologically, and that is why the market continues to be so predictable (if you didn't have people thinking they just need to buy-and-hold, or whatever the idea de jour is, you wouldn't have anyone to sell to at the top and buy from at the bottom).