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Not really. The idea is if everyone and their mom think they should buy stock then it could point to overheating in the market. This idea comes from Joe Kennedy
by thisisit 9y ago
Not really. The idea is if everyone and their mom think they should buy stock then it could point to overheating in the market. This idea comes from Joe Kennedy's experience with a shoeshine boy during 1930 great depression:
http://archive.fortune.com/magazines/fortune/fortune_archive/1996/04/15/211503/index.htm http://archive.fortune.com/magazines/fortune/fortune_archive...