Wall Street's Exhuberance In Chart Form

Nasdaq 100 ETF from the start of this rally in black. A measurement of big market buyers in red. A lull before a move higher? A sign of things to come? A sign that the Three Bears are about to eat Goldilocks? A temporary top in progress? A December lull? A bull market top developing? An illusion? Nothing to worry about? Let's watch and see. Maybe they'll surprise me.

I wonder if now would be a good time to buy some of those Chinese and Russian equities blowing upward with pure insanity? "You've got to ask yourself one question: Do I feel lucky? Well, do ya punk?"