DOT COM DO-OVER Part 2. Are you ready?

What makes 2012~2017 different from 1995~2000? Can you tell me what key factors will prevent a repeat DOT COM (technology) crash?

In 1995~1999, the US was the single biggest and most advanced player in the technology field. Investment poured into these US tech firms as it was the only game on the planet.

In 2012~2017, the US was the single biggest and most advanced economy in the world and tech (FANGs) continued to lead the US markets ROI. Global investment in the US tech market continued to soar and this advancement spilled into other global markets (China, Europe and SE Asia) as expectations (HYPE) continued to soar.

Global markets have shown parallels to the US market with regards to price valuation based on the success (ROI) derived from US investments. If GOOG has risen by n%, the XYZ (foreign company) should be worth comparable values. Think of SNAP, TWITTER, Alibaba and other foreign tech firms. What drives this valuation? How are these firms considered for valuation?? Is it pure HYPE?

Look at the correlation between this chart and the earlier DOT COM chart I posted? See any similarities? Could we be one global event away from total market collapse? All it would take in my opinion would be :

_ Further contraction in the NQ setting up a "right shoulder". (roughly 4~12% correction from highs followed by a small rally).
_ Public perception to continue to HYPE the tech field while erosion in the major markets continues.
_ A single (or multiple) global events to provide the catalyst for the crash (NK, EU, China, OTHERS).

The similarities are freaky and the fact that so many people are missing this. Be aware folks. We could only be 12~24 weeks away from something catastrophic.