Investors Intelligence reaches the nearly 30% spread between Bullish Newsletter Writer and those Bearish. The latest reading is 54.2 bullish and 24.5 bearish: http://www.schaeffersresearch.com/streetools/market_tools/investors_intelligence.aspx schaeffersresearch.com/chartfx62/temp/CFT0919_1055492D42D.png A 30% spread has often led to a short term market top but the spread has been much wider at long term major market tops. RtS