Market Sentiment Shift - The market observer expresses increased caution regarding speculative stocks linked to data centers and AI, signaling a change in investment strategy [1] - The observer initially predicted 2025 as a year of widespread profitability in the data center sector but has since retracted this forecast, indicating a significant shift in market outlook [2] - The observer acknowledges a market correction, evidenced by the Dow Jones Industrial Average tumbling 798 points, the S&P 500 plunging 166%, and the NASDAQ plummeting 229%, suggesting a broader market downturn affecting tech stocks [3] Risk Factors & Historical Parallels - The observer draws parallels to the year 2000 dot-com bubble, highlighting the risks associated with companies going public with substantial losses and insiders selling their stock [4][5] - The observer expresses concern about the current market resembling the dot-com era, where numerous companies sought funding while insiders divested their shares [5] Investment Strategy - The observer is shifting investments away from tech towards high-growth sectors, while remaining invested in profitable AI companies [3] - The observer emphasizes the importance of identifying and avoiding market manias, suggesting a strategy of risk mitigation and avoiding overvalued assets [3]