I have shared your view of impending nas doom due to the excess bullishness that was around early this year. But now the Investor's Intelligence % bulls figure has come down sharply in the last week, on not much of a fall.
This and other less impoirtant sentiment indicators which are also showing increased fear point to more downside, but maybe not as much as you or I were previously expecting.
What evidence of bearishness are you looking for that might warn you that the nassacre is stopping early than original targets?