Jim Cramer is the clown that hosts Mad Money on CNBC.
He spoke of the Hindenburg Omen as a pile of BS. When this event has occured everytime since 1987 he claims there has been a rally. His charts prove this theory, but after the rally there always appears to be a correction lower than when the Hindenburg Omen occured.
I tried to locate the clip but CNBC may have deleted it.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.