AvidFan Posted July 10, 2008 Share Posted July 10, 2008 http://www.cnbc.com/id/25604069 Gauging A Spooky Market Crash Omen Posted By:Allen Wastler One of the top videos being watched on our Web site this morning is the "Hindenburg Omen" video ... an interview piece detailing the recent technical levels that signal, maybe, an imminent market crash..../ http://en.wikipedia.org/wiki/Hindenburg_Omen Perhaps the recent RBS report was correct, now is the time to be in cash, try and keep hold of your job and put on your tinfoil hat Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted July 10, 2008 Share Posted July 10, 2008 ConclusionsLooking back at historical data, the probability of a move greater than 5% to the downside after a confirmed Hindenburg Omen was 77%, and usually takes place within the next forty-days. The probability of a panic sellout was 41% and the probability of a major stock market crash was 24%. However, the occurrence of a confirmed Hindenburg Omen does not necessarily mean that the stock market will go down, although every NYSE crash since 1985 has been preceded by a Hindenburg Omen. So it's a bit like Noah then? Quote Link to comment Share on other sites More sharing options...
blankster Posted July 10, 2008 Share Posted July 10, 2008 (edited) Some of the shares I've been watching are behaving very strangely - going up on bad news (e.g. Barratts) or down on good. Also going up on high selling days and down on high buying days. If the markets become volatile over increasingly short periods fewer and fewer people will be able to make any sort of informed guess about whether to invest or not - more people will be scared off the markets and into interest-earning accounts, especially as rates are higher now. Edited July 10, 2008 by blankster Quote Link to comment Share on other sites More sharing options...
right_freds_dead Posted July 10, 2008 Share Posted July 10, 2008 Some of the shares I've been watching are behaving very strangely - going up on bad news (e.g. Barratts) or down on good. Also going up on high selling days and down on high buying days. If the markets become volatile over increasingly short periods fewer and fewer people will be able to make any sort of informed guess about whether to invest or not - more people will be scared off the markets and into interest-earning accounts, especially as rates are higher now. what interest earning accounts.?? they all lose in reality compared to GENUINE uk inflation. the only safe haven is.....g.........o.........l.......d........ Quote Link to comment Share on other sites More sharing options...
Thread Killer Posted July 10, 2008 Share Posted July 10, 2008 what interest earning accounts.??they all lose in reality compared to GENUINE uk inflation. the only safe haven is.....g.........o.........l.......d........ What about frankinsense and mhyrr? Quote Link to comment Share on other sites More sharing options...
R K Posted July 10, 2008 Share Posted July 10, 2008 10wk average hasn't been rising since late may/early June as far as I can see, and the market is already off by 12% since then, and about 15% since mid-May so I can't see it means anything as far as where the market is going from here today. It is basically saying the market had a percentage probability of falling 6 weeks ago. Er.....yeah...and? Quote Link to comment Share on other sites More sharing options...
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