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To: bray

Really, you have a link for this assertion about Kennedy? The old story is that Joe knew it was time to get out of the market because a shoeshine boy confided he had bought stock. Joe reasoned that if a shoeshine boy bought stock...there were no buyers left...the rest is history.


79 posted on 02/11/2009 6:11:05 AM PST by nyconse
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To: nyconse
The old story is that Joe knew it was time to get out of the market because a shoeshine boy confided he had bought stock.

There's truth in the concept, even though the old story may be apocryphal.

Just like it was time to get out of the housing market when strawberry pickers started buying $500K houses, but only a few of us saw that one in time too.... there were as many Kool Aid addicts in 2006 as there were in 1928.

93 posted on 02/11/2009 6:53:10 AM PST by Notary Sojac
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To: nyconse
The old story is that Joe knew it was time to get out of the market because a shoeshine boy confided he had bought stock.

There's truth in the concept, even though the old story may be apocryphal.

Just like it was time to get out of the housing market when strawberry pickers started buying $500K houses, but only a few of us saw that one in time too.... there were as many Kool Aid addicts in 2006 as there were in 1928.

94 posted on 02/11/2009 6:53:23 AM PST by Notary Sojac
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