I noticed it a few times, when an exuberant top is achieved, like was the case in 2000 for the nasdaq, the top is matched again a few years later with sound fundamentals after what the market corrects again. (note this is exactly what happened on SP500 between 2000 and 2007).
Here Nasdaq matched exactly the highest Monthly open ever achieved in 2000.
note there is resistance from the speed limit of the 2002/2007 rally.
As per my previous post nasdaq is probably going to correct and may come to mark a new top in June.. It will i think the TOP for a long while.
Now you have to understand other styles... You and I wont make money at the same time... When it is trending you make a killing.. When it is trading i make a killing.
We are not the same, we dont trade the same way. I understand how you view the world and wish I could be like you but I am not:)
And once again you are making a prediction. You are saying that the NASDAQ is tired. Really just because you say so? How do you know that a market is tired? Is it speaking to you in some kind of mystical voice? Predictions are for amateurs and CNBC commentators.