2019-07-21

Late 1990s Analog Again: Summer of '98

Monster correction in technology stocks in August 1998. I am not predicting, I have this filed in the back of my mind. I am short $NFLX $SQ $AMD $OLED $MU and $TSM based on near-term patterns, not because of this analog. If this played it would make my year, but I have zero trades based on it.
Here I've lined up the Nasdaq from late 1990s and now.

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