"I think you should flirt with him, his light is on!"
"Men are like cabs. When they're ready to get married, they turn their light on." -- Sex in the City
A common phrase used to refer to someone who's perception is very, very slow. An imbacil for example. Someone who just can't understand.
A: Excuse me, what time is it?
B: Time for you to go home and play with soap!
A: But my mom will be angry if I waste soap?!
B: The light is on but nobody is home
C: Kalevet!!!