[FourPeas]

EMac usually has it straight.

[US Navy Vet]

I’ll believe Glenn Beck before i would believe a Fox Business babe.

[Moonman62]

Way too much attention paid to the Hindenburg Omen

Probably because of the cool name.

[cicero2k]

I’m out completely as of today.

The HO is only part of it. I use my own relative strength indicators and they will very likely not be triggered (to get in) by the end of August. Back to the sidelines until October.

But the HO was spot on in the past 10 years as a top predictor. Now if we were in an extended bull market, the HO is a grain of salt.

[Constitution Day]

EMac is great, and I am bumping at least partly because she used the word syzygy. :)

[Kimberly GG]

excerpt:

“Complex and esoteric even in the world of technical indicators, the Hindenburg Omen is triggered when the following occurs, Zero Hedge reports:

* — The daily number of NYSE new 52-week highs and the daily number of new 52-week lows must both be greater than 2.2% of total NYSE issues traded that day.
* — The NYSE’s 10-week moving average is rising.
* — The McClellan Oscillator (a technical measure of “overbought” vs. “oversold” conditions) is negative on that same day.
* — New 52-week highs cannot be more than twice the new 52-week lows. This condition is absolutely mandatory.

These criteria have been hit twice since Aug. 12, prompting Miekka to get out of the market entirely, The WSJ reports. Judging by the recent market action, many others are following suit — or at least moving in the same direction.”

http://finance.yahoo.com/tech-ticker/the-hindenburg-omen-is-scary-but-so-are-the-fundamentals-535367.html?tickers=^DJI,^GSPC,XLF,FXE,XHB,TLT,GLD