The GMI is back to 6. 76% of the Nasdaq 100 stocks rose on Wednesday, along with 82% of the S&P 500 stocks and 83% of the Dow 30 stocks. There were 238 new yearly highs in my 
universe of 4,000 stocks. Wednesday was the 72nd day of the current QQQQ up-trend. One thing I noticed today in IBD bothers me a lot about this market. The Investors Intelligence poll shows 57.5% of investment advisors bullish and only 22.3% bearish. Such extreme bullishness is typical of markets that are topping out…
