Take a good look at the chart alongside if you think it’s time for bears to take a stand.  If ever a price pattern reeked of upwardliness, this is it. The futures showed no hesitation last week maneuvering into position to head-butt  January’s highs, and so we shouldn’t look for them to resist the onslaught for long. Let’s hope the broad averages are not predicting the political resurgence of Barack Obama and his whacky ideas. That would be quite a price to pay for fostering the egregiously misguided impression that Mr. Obama has turned out to be a guy that Wall Street can live with.