Former Goldman Sachs Manager Says: This year is lining up exactly like the 2000 dot-com bubble crash — stocks will drop 40% from here
(From Marketwatch)
“The Nasdaq in 2000 did a similar bear market bounce as stocks this year — dropped 40%, then bounced 42% off the bottom retracing 61.8% of its drop. It stalled then fell 43%, making a new low four months later,” Meade said.
