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Sébastien Van Passel
- Dec 3, 2017
- 3 min
The shoeshine boy indicator
As investors we discover every day "shoeshine boy" indicators. In this article we will talk about the real story of Joe Kennedy, JFK's father during the Wall street crash of 1929 and the decsions he took after a discussion with his shoeshine boy. Through other concrete examples you'll discover how this human "indicator" can be a behavioral sign of a future market crash. 1. JFK's father and the shoeshine boy : The story took place in 1929 : Joseph Patrick "Joe" Kennedy, Sr. J
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