Do you know the actual lessons of that crash? Because we don't allow retail investors to go 10:1 on leverage anymore. There are a lot more lessons and none of them apply to this situation (even Glass-Steagall). This is much closer to the dot com crash in 2001 in how it looks, just a lot more concentrated and probably a bit bigger. If all you got is "number go up too much" then you probably shouldn't be investing your own money.

The good news is that its almost all rich folks money on the line here and a small amount of dumb money. That's very different than, 2008 where it was mostly the indexes that got hit and that's more middle class/upper middle class concentrated.