Being a student of the stock market means one thing above all else: I’ve studied and experienced enough market history to know what is normal, and what is abnormal, in the action of the market and individual stocks. And it also means that, when some wacky market action drops in my lap, I have a knowledge base to refer to, often finding similarities between the current environment and some episodes of the past. However–and this is important–I focus solely on the market itself and Cabot’s market timing indicators, or the action of leading stocks. I don’t care much about...