Such a situation had happened only once: in March 2000 when we a historical top at Nasdaq100 was printed. Look at the chart:
What happened then?
We had experienced a very severe bear market in tech stocks.
Now, the history repeats:
Today, Nasdaq 100 is topping and....there are more 52-week lows than 52-week highs. It resembles March 2000, doesn't it?
No comments:
Post a Comment