We saw some nervous trading this afternoon as the big gains faded away into the bell. They did turn and rally them back, but still you have to hand it to these persistent buyers - they just keep having their way.

We have necessarily grown more and more cautious of late given the reality of the extended market but it sure is hard to not just buy buy buy as some evidently do. Throw risk out the window and jump on board. I've watched a few in this industry bull the market for a year and now and they have been oh so right. To have that kind of conviction is amazing and to put your money where your mouth is requires even more praise. On RealMoney.com I watch Jim Cramer doing this day in and day out and he amazing has been so right. The closer I watch him the more I realize that he is a heck of a trader - especially a bullish trader. It's when you work with someone and see them in action every day that you realize just how good or bad they are.

As for these markets, they are definitely good. They have taken themselves back to highs on the OTC and are threatening to do it on the NYSE side of the house soon. It won't take much more to get there. That still looks to be the destination. I am expecting a quick bout of hard selling and then a quick rise back up. Playing for that scenario now with the idea of trying to average in on the downdraft when it hits. Problem is, it doesn't come. Almost four weeks and counting now. Amazing.