No, bro. This is how it's supposed to play out in a bubble market. I've seen it in 1999 and 2007. It's always the same.
So far, so good. Unless CPI comes out a disaster, ES prints 5500 or more today in RTH. I held a baby long in MES/MNQ through PPI yesterday which was well in the money prior to the release, but won't be holding anything through today's release. The risk is just too big should we see a plunge - which I figure is very much possible. My guess is it's a ripper, though.