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Non-Tech : QQQ - Nasdaq 100 Trust
QQQ 611.67-1.9%Nov 6 4:00 PM EST
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To: M CAHILL who started this subject7/9/2001 1:07:53 PM
From: Savant   of 840
 
In the FWIW column, an excerpt.
"Additional concern comes from the latest Investors Intelligence poll,
which shows a drop in the percent bearish to 25.5 percent. To put this
reading into context, the last two times the bearish percentage was this
low was in July 1998 and July 1999, both of which were intermediate-term
market tops. How can there be so much complacency in July 2001 when the
last major market sell-offs started in July 1998, July 1999, March 2000, and August 2000? "
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