When the Bubble Bursts, Consider the Anti-Bubble

One of the mysteries of finance is to identify the turning point at which bubbles pop and the market starts its downward slide. An interesting take on the deflation of bubbles comes from the New York Times: "One answer, in any transition period like this one, is to look to anti-bubbles. Bubbles are driven by hype about the hot new thing and defined by mania, including unusually heavy trading and prices rising at an unusually rapid pace and reaching a level that can’t be justified by underlying growth in the economy or company. Anti-bubbles are the mirror image, taking shape in overlooked corners of the world and defined by light trading, with prices stagnating at low levels despite solid growth in the economy or company."
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https://www.nytimes.com/2018/12/29/opinion/tech-bubble-bursting-stock-market.html?action=click&module=Opinion&pgtype=Homepage