A Bank of America strategist has drawn comparisons between the current market and the 2000 dot-com bubble, citing similarities such as the number of S&P 500 stocks that recently hit record highs. The strategist has issued warnings about the market, including a potential sell signal in stocks, and has suggested that investors consider certain safe dividend stocks. However, the strategist has also recommended investing in certain areas of the market, indicating some uncertainty about the overall outlook.