Tap Into Market Sentiment Before Investing
by John Waggoner, Senior Associate Editor, Kiplinger's Personal Finance
Aug 03, 2019
2 minutes
In a story that may be apocryphal, businessman, investor and Kennedy clan patriarch Joseph Kennedy Sr. sold all his stocks before the 1929 market crash when a shoeshine boy gave him a stock tip. If even shoeshine boys are buying stocks, Kennedy reasoned, enthusiasm for stocks must be at the peak.
That makes sense. At major stock market peaks, most
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