The Hindenberg Omen
Bob Morris @ Jun 22nd 2008 23:04 - Category: Unfiled
This ominously named NYSE indicator tracks divergences and warns of possible near-future crashes. While it doesn’t always predict accurately, a crash has never happened without a Hinderberg Omen within the previous 40 days.
On June 6, we got a Hindenberg Omen.
And just to makes things even cheerier, the AP says everything is out of control.
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