Replies to post #85746 on Savvy Trades and Investments

[BTuna]

Re hindenburg omen

Interesting old article:
https://news.yahoo.com/MY/news/dont-sweat-hindenburg-omen-charts-225851241.html

When this indicator appeared in August 2010 it failed; the market did not collapse. Instead the Dow (Dow Jones Global Indexes: .DJI) rose from 10,200 to 12,700, or 24 percent, over the next nine months. The second appearance was in June 2013. Again, rather than collapsing, the market has since risen 48 percent. The Hindenburg Omen has an excellent track record of being 100 percent wrong.

[BTuna]

Re hindenburg omen

Interesting old article:
https://news.yahoo.com/MY/news/dont-sweat-hindenburg-omen-charts-225851241.html

When this indicator appeared in August 2010 it failed; the market did not collapse. Instead the Dow (Dow Jones Global Indexes: .DJI) rose from 10,200 to 12,700, or 24 percent, over the next nine months. The second appearance was in June 2013. Again, rather than collapsing, the market has since risen 48 percent. The Hindenburg Omen has an excellent track record of being 100 percent wrong.