While Kid Dynamite likened the S&P 500 chart action to “Hulkamania” recently, we’ve been calling the Nasdaq action here in the office a ‘Boom Crane formation’ – and waiting for the point when the boom starts falling. Or more correctly for those in the crane business – waiting to see just how low the main hook block on the end falls once the crane operators decide to lower the hoist line and try and pick some stuff up down below.