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Warning: Stocks just triggered the "dreaded" Hindenburg Omen
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Friday, August 13, 2010
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From Zero Hedge:

Easily the most feared technical pattern in all of chartism (for the bullishly inclined) is the dreaded Hindenburg Omen.

Those who know what it is tend to have an atavistic reaction to its mere mention. Those who do not, can catch up on its implications courtesy of Wikipedia, but in a nutshell: "The Hindenburg Omen is a technical analysis that attempts to predict a forthcoming stock market crash. It is named after the Hindenburg disaster of May 6th 1937...

Read full article...

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Topics: Stocks
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