Tuesday, August 17, 2010

Hindenburg Omen

Hidenburg Omen --- http://en.wikipedia.org/wiki/Hindenburg_Omen

Recently it is occured.

August 16, 2010: Another unconfirmed Hindenburg Omen occurred, but just barely, as 70 stocks hit new lows as per www.stockcharts.com. This day coincided with record low trade volumes for 2010.


August 12, 2010: An unconfirmed Hindenburg Omen occurred, the first since the market lows of 2009. One nearly occurred on August 11, failing only in that 67 stocks hit new lows, rather than the required 69.

but it  is said that it is established 25%, then it is better to know Hindenburg Omen.
I bring umbralla when forecast say 25% chance of rain.