Nice chart, thanks. Looks like Les's 50DMA numbers picked out the latest top more convincingly than the $BPCOMPQ did. Or on the other hand maybe it wasn't a top and we need to wait for $BPCOMPQ to go higher. I think the former is the case.
How about a chart of the 50DMA numbers with $BPCOMPQ and QQQ or Nasdaq 100 ?
Then we can see which indicator best picks the turning points and at what extremes.