A small parasitical (As far as I can find on the web) fungi. I took this with extension tubes and my Nikon D90 with my Nikkor 1.8 50MM lens. It was located on a trail I mountain bike along. The day was overcast and it was raining. The "globes" are very small - about an 1/8 of an inch or smaller in circumference. I used the wet tree to steady the camera and took about 20 minutes for a number of exposures. No other special equipment was used - just camera, EX Tubes and lens. The only editing I did in PS was just helping bring out more of the color that reflected what I was seeing as I shot the images.
I posted another image showing the actual size in my portfolio section if anyone is interested.
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