[abb]

One of the classic signs of a market top is when all the money is committed. All the bets are in, so to speak. When that happens, then there are no more buyers to make it go up further.

[expat_panama]

...signs of a market top is when all the money is committed...

--and when all active traders are 100% in, then the only trades that happen are when all the active traders start selling to part time/inactive traders.  We're no where near that; here's stocks % net worth since 1990:

The percent's only average, no where near "all the money is committed".