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The Minyanville Market Overview

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Hoofy and Boo hold clues for you!

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MINYANVILLE ORIGINAL

Editor's Note: Todd posts his vibes in real time each day on our Buzz & Banter.

Hoofy just ran into the room goin' nuts. "I'm so freaking bullish!" he exclaimed, "Lemme show you two charts." I sat back in my chair; I had seen this before.

Boo limped in behind him; he looked like he hadn't showered in weeks. His breath smelled. It was ugly.

The charts our bull was pointing to are below. The first is a long-term trendline for the last three years. Without discussing the "why," look at the "what." It's perfect.



The second is a 30-day daily chart of the S&P (INDEXSP:.INX); the "previous highs" on the left are four-year highs. Take a picture -- it's gorgeous!



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