” Big users of exchange-traded funds haven’t been optimistic all year. The SPDR Gold Shares (GLD) has pulled in $4.1 billion this year, while the iShares 20+ Year Treasury Bond ETF (TLT) has pulled in $3.1 billion, according to XTF. On the flipside: the Nasdaq-100 Index-tracking PowerShares QQQ (QQQ) has shed $3.3 billion while the SPY has seen a $2.1 billion outflow.”