The decline in tech stocks is more severe, see angle of decline blue (2022) vs green (2008) vs red (2001). Although this decline is more harsh, it could possibly drop further than the 2001 percentage decline. See the duration of the remainder of the bear markets. 2008 historical shows we need 125 more days to bottom out, the 2001 decline from here still needs more than 200 days remaining to bottom. Which means we could easily see at least another 25% drop from current levels or worse case scenario 50% drop from here in the next 125-200 days. It could play out longer. Maybe if the FED steps in, we could see some type of hope or capitulation but history tells us that it could still fall some more after that. Zero rates would have to be in play for a longer time. Also, we have not have had any bankruptcies yet besides a few crypto coins and companies, yes, a lot of momentum and tech stocks are getting crushed, but no bankruptcies yet... the bankruptcies will indicate a bottom due to the next round of bailouts and easy money which would land us into hyper inflation probably by the year 2027. The only way we can go down quickly is in a 1987 flash crash or "black Monday" than the timeline would be met satisfactory.