Hinderburg Omen Strikes Again
By Avik, Gaea News NetworkFriday, August 13, 2010
NEW YORK (GaeaTimes.com) — Hindenburg Omen has been confirmed yesterday as Equities slump, buy Short ETFs. The mysterious and infamous Hindenburg Omen is signaling that the stock market might be due for one of those nasty crashes it experiences from time to time. Hindenburg Omen occurred yesterday for the first time since the market lows of March 2009.
It is said that every Wall Street Crash since 1985 has been preceded by a Hindenburg Omen. So, this is a major issue for the wall street traders who are now quite afraid of the upcoming events. With just one year rounding up the last market crash it is hard to guess what would be the situation presently. The hard core deflationists like Bob Prechter and Harry Dent point to an implosion of stock markets with the Dow dropping to around 1,000 points.
Earlier this month astrologer Arch Crawford also predicted about a disturbance in the market. Interested people can check out that. Though Hindenburg Omen may be a real good one, but after all it is just a superstition and is definitely not the last word. If searched for, situations where the omen remained hostile can be found out. C’mon this is Twenty first century friends ! Does one have to sit and watch for some superstitious event to signify the whereabouts of a market that runs on statistics?
Tags: Arch Crawford, Bob Prechter, Harry Dent, Hindenburg Omen, Nyse, Wall Street