That started well before March and ended some good ways after that. I did not own any techs and had divested almost all stocks because the entire market was silly. Things were bid up to prices that were insanely out of proportion with expected earnings. Companies that always operated at a loss commanded high premium prices quarter after quarter. Their prices pulled up the prices of the rest of the market.

Just as I wouldn't hold any investment real estate now (nor for the last year) either. Easy for me to say since I don't do real estate. However I did cash in on the boom with investments in homebuilding stocks (I think one was called Lennear - should look it up-won't). And in what do you call it - a consortium of cash that buys and sells real estate and you buy shares of stock in the endeavor. I forget, but I owned a decent position in one company that invested in Chicago and other IL RE. But when the prices on RE started to look silly, I got out. Too early, and I did miss the peak but that is perfectly ok with me. I made a lot of cash on it, and I did not ride the stocks back down the other side.

Back to your point though, if you use stock market indices as indicators of presidential something-or-other then - yes, the tech bubble certainly burst on Bill's watch.