I and many others have been calling for the NASDAQ Comp and especially the NASDQ 100(QQQ’s) to top for a number of months. I especially compared the overvaluation and manic, relentless rise, to both the Nifty 50 in 1972-73 and the Y2K/Internet Bubble in 2000. We now know of the two main factors that contributed to such ridiculous overvaluation and outright hysterical speculation. First, the millenials trading on Robinhood and similar platforms, juiced with the stimulus checks and $600/week extra unemployment bonuses while being home, unemployed, with no sports to gamble on was a good start. Add in the supercharged billions from Softbank buying call options followed by stocks on the same companies to juice the calls and create a viscious upside cycle and you have a derivative induced frenzy never before seen to this extent! I still believe that the FED, Wall Street and the Administration will do everything in their power to keep things together for two more months (ie. the election). That is why I am sticking to my recent prediction that the DJIA will still reach 30,000 by then. I reiterate what I said at the time. While the financial media will be shouting about the All Time High at the round number, the QQQ’s, NASDQ Comp, S&P500 and most other averages will be flashing warning signs by not confirming. The same will be true for breadth and other technical indicators. After an initial break following the election, the final top leading to a massive bear market will start no later than the first trading day of 2021!