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We’re just going to leave this one and the obvious joke be.
I have no idea what you are on about
I assume they’re talking about https://en.wikipedia.org/wiki/A_Nightmare_on_Elm_Street. That came out in 1984 and this comic’s date is 1985, so Larson would’ve been aware of the film. The joke in the comic seems to be just that repeating something in front of parrots means that they’ll repeat it to the cops, and doesn’t seem to be a reference to the horror film.