Hiru Corporation (HIRU)

[QuantumTravesty]

Written about real estate and yet applies equally to equities.
This is how bubbles collapse: the "vital few" 4% sell at whatever the market will bear, pushing prices down, and the 64% awaken to the rapidly narrowing window for locking in bubble capital gains. This rush for the exits triggers a strike in buyers, who realize there is no way to know how low valuations will fall, and so waiting for a bottom makes much more sense than playing "catch the knife," i.e. buying as a bubble deflates, hoping you don't get burned by prices falling after overpaying.