World Blog by humble servant The current Correction in Tech.Update 1.is it over they been destroy buying the TOP and now is it time to buy the fishing line?I have been nibbling and trading all the time....
What led to the crash 1929? The market today hasn't been this cheap since 2019!!! There is a famous story in the late summer of 1929, a shoe-shine boy gave Joe Kennedy stock tips, and Kennedy, being a wise old investor, thought, “If shoe shine boys are giving stock tips, then it’s time to get out of the market.” So the story says Joe Kennedy sold all of his stocks and made a killing, and maybe that’s the beginning of the fortune that made JFK president three decades later. The fact that the market had fallen 10% before the bankers intervened made other people wary of the market and probably they’re the ones who started selling the following Monday and Tuesday. [And] easy money is good for the stock market, which is fairly true. The Federal Reserve in the summer of 1929 was worried about the excess of speculation so they actually did a tightening at the beginning of September from .Well I don't here a sound not a CHURCH MOUSE ...I've never seen such as a vicious point sell ...