This guy always like the fish market to Crash😃

Has the Tech Bubble Burst? Why the Nasdaq's Rough Ride Looks Eerily Like 2000.

One bright spot in the comparison of today with the top of the dot-com bubble is how quickly Nasdaq-oriented stock market-timers over the past few weeks have gone to cash. That's encouraging from a contrarian point of view, since market tops often are accompanied by stubbornly held bullishness.Such stubbornness was very much in evidence at the top of the dot-com bubble. Consider the average recommended equity-market exposure among these Nasdaq-focused timers . This average actually increased over the three weeks subsequent to the Nasdaq's all-time high in 2000.In contrast, the Nasdaq-focused market-timers today are far from stubborn. The HNNSI over the past three weeks has dropped 76 percentage points, and currently stands at 6.2% - indicating that these timers on average are now almost completely out of stocks.The next several weeks therefore will be a test of contrarian analysis. Will its relatively upbeat analysis of current sentiment be strong enough to stop the stock market's stro
Has the Tech Bubble Burst? Why the Nasdaq's Rough Ride Looks Eerily Like 2000.

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