Doesn't that sum up this market?

Each day we are seeing extreme moves, with 1,000 point days now commonplace. Of course, the overall trend is down, with the market switching from record highs to bear market levels in the shortest time on record.

So like Yogi and his teammates were heading down the highway, but the question of the day is heading to where? Is there some landmark that we can used to tell us exactly what might be our destination.

So here's one I'd like to bring out of retirement, its called the Buffett Indicator, because it was popularized by the well-known Chairman of Berkshire Hathaway. Although its been a while since he talked about.