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Second Hindenburg Omen Confirmation In As Many Days, Third H.O. Event In One Week
Longs may be forgiven if they are sweating their long positions over the weekend: not only did we just have a second, and far more solid Hindenburg Omen confirmation today, with 82 new highs, and 94 new lows, but the Saturday is the day when Iran launches its nuclear reactor, and everyone will be very jumpy regarding any piece of news out of the middle east. As for the H.O., the more validations we receive, the greater the confusion in the market, and the greater the possibility for a melt down (or up, as the case may be now that the market is unlike what it has ever been in the past). Furthermore, with implied correlation at record levels (JCJ at around 78), any potential crash will be like never before, as virtually all stocks now go up or down as one, more so than ever before. And should the HFT STOP command take place, the future should be very interesting indeed (at least for the primary dealers, and the Atari consoles which are unable to VWAP dump their holdings in the nano second before stuff goes bidless).
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Let me guess...you got your wires crossed my old chum.
???
If that didn't work, try banging your head on the sharp corner of your desk.
What a moron.
Okaaaaay...bit touchy, are we fellow? Well, there's nothing wrong with that, and i hope you get to the bottom of it one day. Even better, here is a suggestion of what i used to do when i used to get angry..i used to sick a cornetto ice cream cone on my forehead and pretend i was My Little Pony and go about headbutting the mirror a few times until i let out all the rage. Worked for me.
Okaaaaay...bit touchy, are we fellow? Well, there's nothing wrong with that, and i hope you get to the bottom of it one day. Even better still, here is a suggestion of what i did when i used to get angry...i used to sick a cornetto ice cream cone on my forehead and pretend i was My Little Pony and go about headbutting the mirror a few times until i let out all the rage. Worked for me.
that's obviously the best you can do...
S I C K
The lunatic fringe is not that far off from the main stream.
What we are seeing here is a system that got out of balance. Unbiddled capitalism that makes a few very wealthy at the expense and risk of others doesn't work.
We are in for a terrible, terrible time.
"Unbiddled capitalism that makes a few very wealthy at the expense and risk of others doesn't work."
ROTFLMAO!!!
So many levels...so little time.
Do you have any idea how many laws, rules, regulations and impediments to "unbiddled capitalism" there are now?
They are passing two thousand page laws seemingly on a monthly basis. These new laws will require tens of thousands of pages of interpretation to convert into workable regulations.
Glass-Steagall weighed much less...LOL.
glass seaballs
sorry, your comment was very clear. they do it cause they can and get away with it. my mom told me it was just a pain in the butt to do work for the .gov, drown in paper work. weapon of mass distraction. WMD's america's finest.
Do you have any idea how many laws, rules, regulations and impediments to "unbiddled capitalism" there are now?
In this we are in agreement.
Do you have any idea how many laws, rules, regulations and impediments to "unbiddled capitalism" there are now?
In this we are in agreement.
Cool.
Still workin on the hatin of Virginians...but we're makin real progress here, maybe a couple more sessions ;-)
It's a joke Crockett...lighten up...LOL.
SeeYa
You must be punished. This seems appropriate:
http://www.youtube.com/watch?v=RRNTQvXSsfA&feature=search
HA HA HA HA HA HA HA ha ha ha ah.
i started the joke and the joke is on me†
robin/gibbs? bad teeth needed braces, just sayin.
oK Ok OK ok
There is alot of negativity out there and the fundamentals are bad, getting worse.
What the country needs in this time is LEADERSHIP.
It's easy to scream "fire" in a burning theater.
Where is the leadership in America?
Obama should be shown the door, like 3 months ago.
He's not competent do deal with this, not sure where his competency is!
The country needs a strong leader, that speaks plain truth but speaks about the next morning when the dust has settled.
Unfunded liabilities and entitlements are THE problem. Tackle it. Get rid of it. Downsize, decrease, stop making promises we can't afford to pay. Deflation is NOT the end of the world. Get people off welfare and off their asses to work for WHATEVER the market is willing to pay them. I don't hire because of unions, government regulations and entitlements. Fuck that. All my life I worked for myself, didn't take a dime from anyone and if someone is willing to work hard, they can make it. Tired of loosers.
If we, meaning you and I and they and them and us, can muster the courage to lead by example, by starting small, on a local level and with those in our immediate community, I promise you that very soon our leaders will get the message and follow.
We must lead the way out of this darkness so that our leaders can find the courage to follow us out. They will not lead because there's too much political risk in doing so and in so many ways they are more lost and frightened than we are. It is up to us, as frightening and exciting and scary as that sounds.
If we step out, this will all be over in 12 months or less. We must stop waiting for others to step up. We must stop calling for others to lead. We are the others, we are the ones who are responsible, we are where the buck stops. The only individuals willing to step into the no win situation that exists today in politics are sociopathic personalities. And we've all had our fill of them. It's time for us to make the changes needed.
"We must stop calling for others to lead. We are the others, we are the ones who are responsible, we are where the buck stops."
Present and accounted for.
Nice to know VI.
But really, leadership/lead/leading and associated words need to be studied to understand why the dysfunction they eventually "lead" to is buried in their bones.
Leaders, especially in todays context are Herders.
Sheep-herders. And you can shine light on and share wisdom with sheep all day, come time, the shepherd sees them as wool or meat.
The whole flow of control in society is ready for a shattering re-set.
Many other, more important omens are saying a flash is coming soon. FLash floods, flash crashes... flashy, not like bling.
ORI
http://aadivaahan.wordpress.com
H I to all you C O W B O Y S out there.
ORI,
A friendly face in the crowd. When are we going to start clapping?
+100
Well said CD.
If Cramer thinks it is crazy talk then there must some truth to it.
Anyone want to put a southern barbeque joint on the other side so that we can reach out to people who have never sampled pork in all of its sweet and smoky goodness?
I say someone open a biker bar on the other side of it, just to keep things equal.
Was wondering when everyone would get back on topic.
Im a black man from the South..I would love to smoke pork ribs across the street
hell we can sell em at the gay bar....!
Whats next? Pig farms next to donut shops? Gas chambers next to Israel? Hookers convention in Rome?
Replace "hookers" by "nude children photography" convention in Rome, and you may have a business case.
[Oh, come on, Junk me already before I make another joke]
Do as thou wilt shall be the whole of the Law!
The most mis-understood and mis-quoted catechism in histoy, used to excuse excess.
Excess usually runs out of excuses. Like right about now!
ORI
http://aadivaahan.wordpress.com
i am still not sure about U.
Bernard Law will be a regular. - Ned
deleted by poster
Let the countdown begin.....
http://www.youtube.com/watch?v=3nNNr0-_kbw&feature=search
MTV And VH1OVER
ZH future of bad ass wHOLE, media.
Does anyone remember Velobabe?
No, but I remember Vera Lynn.
Coolest chick on the hedge.
La petite Marla avec d'une torsion.
Hindenburg Omen a Go Go bitchez
I'm curious how often a Hindenburg Omen actually translates into a market crash. Does anyone know?
I seem to remember then happening in the past, and no crash occured.
A confirmed HO puts it at 77% chance of a 5+% downturn, and a 24% chance of a market route. The more confirmed it becomes, the hgher those probabilities are likely to rise, but I don't know for sure.
There's a chart in the link from the previous HO article from t'other day which shows that almost every market crash was preceded by 4-5 omens and every few false positives were registered when adding additional constraints to the definition of the omen and the number of omens within a given span of time crosses a threshold of about...well...3.
The omens don't give much indication of the severity of the dip (but I think most ZHers can do that extrapolation from known data already) but does indicate that a dip approacheth.
Hope you have your options or SDS shares in hand.
Wouldn't want to be long this weekend; I like my sleep.
There are some really scary bids and orders taking place in eur/usd at the minute...20 pip ticks etc. Whats scary is that every offer is bid straight up.
More SNB unwind?
I haven’t launched a rant in recent weeks but with the markets all cracking today, I thought I would bless you with one, just for fun.
In 1984 while attending the Wharton School, I attended a workshop with a very young Jeremy Seigel where he taught us all that "Stocks for the Long Term" was a mantra we should all carry forward until infinity.
Ten years later we were touring the Fidelity Investments Boston office when the head of their "quant" department remarked that "Stocks are a buy until at least 2015 when, based upon the aging of the Boomers, that demographic would morph from "buyers" to "sellers" in order to fulfill retirement needs."
Well ho ho ho here we are in 2010 and based upon the three major crash events (dot.com, 9/11, subprime blowups) we boomers are now into the fifteenth straight week of mutual fund redemptions - no matter what the "spin" from the CNBC pom-pom twirlers, boomers just ain’t buyin’ it no more.
The most important "read" of the past ten years was Ayn Rand’s Atlas Shrugged which I finished for the first time six months ago. It was so compelling that I go back and read the John Galt address to the Nation just to remind myself that Government Officials care about one thing and one thing alone when it comes to policy – re-election.
If reinstituting slavery would get a politician back into office, he/she would vote in favour.
Now, when you draw the linkage between the banksters in New York to the gangsters in Washington, one really does get a sense that this failing financial campaign (of bailouts, market manipulation, quote stuffing, and of course precious metals rigging) is in full bloom.
It is all set forth in a carefully and insidiously crafted campaign to save this corrupt fiat extortion scheme that is hell bent on cratering the U.S. and European currencies and attempt to ignite money velocity.
The printing presses are in full gear globally and every time we see another "successful treasury auction", it is yet another bundle of dry kindling being dumped upon the pile. One spark of money velocity and we will have an inflationary conflagration that will make the Seventies look like the Thirties.
When I write this I imagine groans and the rolling of eyes as readers become nauseated by yet another pessimistic scribe calling for the end of the world. The reality is that this line of thinking is grounded in logic.
The root problem with the U.S. economy is really quite simple: A vast number of citizens are "long" houses that have dropped off a cliff in price and now the margin calls are hitting.
The market is "no-bid" and it is escalating into crash mode.
The solution is simple: you reflate until the replacement cost of U.S. housing exceeds the average price based upon Case-Schiller. You print and print and print until lumber and copper and steel and cement and all the component costs have exploded in price. House prices elevate so that the underlying mortgages are "onside" and POOF ! – the banks are liquid again and start lending and happy days are here again.
The inflationary tinderbox is now emitting wisps of smoke.
As yields on sovereign debt collapse into deflationary unanimity, some one or some "thing" continues to accumulate massive amounts of gold and silver.
It is as if two armies are assembling in battle formation on the Plains of Abraham with the inflationistas on one side and the deflationeros on the other. If deflation wins, there will be NO banks left. Since policy is bought by the banks, in which direction do we think policy is headed?
Logic 101.
The politicians in the U.S. and Europe all sing from the anti-inflation hymn sheet but methinks thou doth protest too much. If a $5 loaf of bread keeps the rotting banks alive and the incumbents in power, they will gladly take it. That is the sad state to which we have arrived.
I leave this rant by attaching a link to a truly wonderful story that would make Ayn Rand proud and will fortify our faith in free enterprise and entrepreneurialism:
http://www.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/eureka-moment-for-stubborn-prospector/article1675008/?cmpid=nl-news1It is a truly wonderful story and one that will give readers a chance to make some serious money in the gold exploration arena.
................................................................................
@ Le Metropolecafe.com
GO GATA !
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Read the Best... Junk the Rest
Very insightful. The PTB would surely destroy us through inflation since that would bail out their bad loans. However, keeping in mind that they can print billions on a whim, control matters most to them. Does it serve them better to allow the economy to collapse, and then institute the equivalent of a fascist dictatorship? My belief is, either way, they will impoverish us and then start a war to distract us from our miserable conditions. Hence, I am only 7% in stocks, mostly gold and oil, with the remainder in cash, T-bills, 10% real estate and Gold. I have a place in the country, and a bug out bag.
The Philly Fed index negative for the first time in a year... retailers reporting very poor sales and housing numbers crumbling.
All predictable a year ago but not "provable" without the passage of time to discredit the "spinmeisters".
Interesting to see whether these purveyors of "rose colored cow patties" have lost their credibility ... will they have one more shot at fooling the public.
Ben Bernanke is freaking out because his experiment has failed ... obvious to everyone!
IN YOUR FACE QE is the only tool left. The "keeper of the currency" has no choice other than to destroy it!
PPT has it's hands full preventing a waterfall event ... Gold keeps chugging along higher.
THIS is what Gold is supposed to do, preserve and accrue value during bad times and "discount" future debasement. Even though many Gold bulls are distraught and many have already quit in disgust.
Gold has broken out to the upside and is now only 2-3% from new all time highs.
What is very interesting are the shares. The listed shares have taken a breather from a year long out performance and look better on the charts than they have for a long while and many juniors are now quietly coming back to life.
My portfolio has become WAY over weighted in juniors and explorers because they underperformed so badly (they HAD to be bought) and in my opinion offered better value relative to Gold and the listed shares.
It was a conscious effort to "go down the totem pole" and create more leverage..."unit leverage". The HUI is down roughly 5 points ... more up today than down. This could be for a variety of reasons ...suspect the "shorts" (both legal and naked) are looking out ahead and beginning to cover.
Once the top blows on the paper vs. physical scam, the juniors will move upward unlike any asset class in history. If you recall the "dot com" boom where any company with the name dot com in it exploded upward upon issuance or even changing their name.
For instance, a fertilizer company named something like "International Methane" could have changed their name to "Cow Dung.com" and rise 300% in a week's time. THIS is what will happen with gold shares, anything with word "Gold" in it will be bid up wildly until Wall St. actually hires some analysts that can discern the different mining companies, seperate ... the real deals from the scams.
It is now so obvious, mathematically, that if you don't see it now you never will!
The juniors will become the biggest moonshot in history ... time will tell.
Many Wall St. firms will not even place an order for junior mining companies while others will not even purchase physical metal anymore (maybe it got too hard to procure?).
Many are jumping up and down screaming BUBBLE at the Gold market.
Real physical Gold and the mining shares can't be in a bubble because so much REAL demand has been diverted to FAKE products and very few own the real thing!
At the same time many firms will not even place trades for juniors, nor physical metal! No one can prove that Gold and the shares will explode anymore than the "green shootsters" could prove recovery.
But common sense says when people finally figure out "they are not really in", THEY ARE GOING TO WANT "IN" EVEN MORE SO!
Now that is a recipe for a future and very REAL bubble!.
What Junior Miners would you suggest? I live in Canada and trade on the TSX. I have SLW, SSO, G, PME, CFE-A.TO, and on the US side I have UXG. Don't forget agriculture because we all need to eat (COW.TO).
I'll just talk my book ... all posters do... admit it or not.
All are on the TSX:
1.) ECU Silver {ECU}... Mexico producer/explorer ... (Bill Murphy and Adrian Douglas love it... GO GATA!)
1a.) Golden Tag Resources {GOG}, joint venture with ECU and has a couple of other great exploration properties in Canada.
2.) Tagish Lake {TLG}, In the middle of a bidding/takeover play with Chinese vs. Canadian company. Yukon.
3.) Commerce Resources {CCE}. Tantalum/REE explorer and developer. BC and Quebec. ... 'snooze and you loose' on this one.
3a.) Western Potash {WPX}. Sask. potash which has fantastic land package and great recent drill results. Run by same people... Zimtu {ZC}.
4.) Lakeshore Gold {LSG}.
That's enough to keep you busy all weekend ... do DD.
I held all of them for the two, past-lousy years but, hey, that's just me... still got the faith.
Thanks! TLG was already on my watch list for possible buy. :)
I like QMM and REV. They are in my book.
new beginning new weekend
thoughtful post.
"One spark of money velocity and we will have an inflationary conflagration that will make the Seventies look like the Thirties"
Yes, that's true. but it's extremely unlikely because the system is deleveraging.
"The solution is simple: you reflate until the replacement cost of U.S. housing exceeds the average price based upon Case-Schiller. You print and print and print until lumber and copper and steel and cement and all the component costs have exploded in price"
Great. But printing in and of itself is not going to reflate the system; that requires velocity, which is simply non existent. One way it could happen is if government spending at home, and Banana Ben's asset prurchases, can create commodity inflation vie emerging market demand.
"As yields on sovereign debt collapse into deflationary unanimity, some one or some "thing" continues to accumulate massive amounts of gold and silver"
Which market do you think is larger and deeper and more analytically based?
But again, I enjoyed the post.
Inflation and the velocity of money
will not increase smoothly with the
printing of money. They will be largely
contained until they explode when the
public understands the money is
worthless.
Why Governements try to control prices, by Keynes
"A sentiment of trust in the legal money of the State is so deeply implanted in the citizens of all countries that they cannot but believe that some day this money must recover a part at least of its former value. To their minds it appears that value is inherent in money as such, and they do not apprehend that the real wealth, which this money might have stood for, has been dissipated once and for all.
This sentiment is supported by the various legal regulations with which the Governments endeavor to control internal prices, and so to preserve some purchasing power for their legal tender. Thus the force of law preserves a measure of immediate purchasing power over some commodities and the force of sentiment and custom maintains, especially amongst peasants, a willingness to hoard paper which is really worthless...
If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer."
John Maynard Keynes, Economic Consequences of the Peace, NY, 1920, p. 239-40
http://www.youtube.com/watch?v=M-FXkj-r9Mc&feature=related
http://www.youtube.com/watch?v=0jqEjchRrLM&feature=related
Flacon, thank you for your response.
A few weeks ago, I began constructing
a personal view of economics. I
started with the idea that the people,
not the government, control money.
1) Money does not exist by fiat, it
exists by the faith of the people.
2) The people are repeatedly
conditioned: Their labor (production)
creates a paycheck (money).
This reality or faith from generations
of conditioning is:
Production creates Money.
Notice, this does not say that Money
can create Production. If the power
is in the hands of the people, then
government money can not create
production.
3) As people are slow to see a
change in the value of their labor,
they should be slow to see a change
in the value of the resulting money.
If my little thought experiment is
correct, then BB can not create
production or controlled inflation.
new day new beginning
> 1) Money does not exist by fiat, it
exists by the faith of the people.
Fiat money exists because of the threat of government-mandated violence if any citizen engages in commerce or paying taxes in any form of money OTHER than the government mandated FIAT money. In a FREE MARKET money system all the people would abandon fiat money and choose gold/silver. But of course that would mean that governments would either have to live within their means or be able to conjure atoms of gold and silver out of thin air (or convert atoms of other metals into atoms of gold/silver).
Also, please interact with this short FLASH educational piece which can be used to help us evangelize the unsaved world.
http://static.guim.co.uk/interactivesaved/2009/1/29/1233254784168/901796/money_supply_pryamid.swf
Flacon, thanks, I liked the video, but
I have some questions concerning the
equation, mv = pq.
Two years ago a lot more of the
Money was in the hands of the
public and they were then more
highly motivated to spend with
Velocity. Today the public has much
less money which they likely spend
at the same or a slower Velocity.
The banks have a larger percentage
of the money which they park in
assets. These assets are not
consumption (pq = GDP).
I am very wrong, or GDP must fall.
Keynes's equation (GDP = C+I+G+EX-IM) is a fallacy because Consumption can not equate to GDP - in fact it ought to be on the other side of the equation. Also BORROWING money to consume produces a Keynesian-induced boost to the fallacious GDP numbers. Nobody, and I mean NOBODY remembers that the money used to support "C" MUST BE PAID BACK and that will (using the same equation) lead to a reduced Keynesian-GDP number because the same "consumers" will need to turn into "savers" in order to repay their debt.
Just remember, Keynesians HATE savers because they have no concept of PRIVATE CAPITAL FORMATION. Heaven for a Keynesian is all citizens and businesses BORROWING their money from a Central Bank - AT INTEREST, all "for-the-good-of-society" and "in-perpetuity" for ever, and ever, and ever. Thank GOD we live in a finite world or else we would all be enslaved for ever and ever and ever!
Which is also why they HATE the concept of the stock market (private citizens SAVING their money and loaning INTEREST-FREE to private businesses). The Keynesian Total State envisions no stock market - but we have been cursed with something far worse - a stock market run by Keynesian SkyNet®.
Flacon
Milton and Rose could not have said it any better, thanks.
http://www.abebooks.com/servlet/SearchResults?an=friedman&sts=t&tn=free+...
- Ned
@DavidPierre
Nice !!
DP, the eureka moment was a great story..
I have prospected in the Whitehorse- Atlin BC
area and those that can stick it out have my utmost respect..a most rugged and remote area filled with hungry brown bears (we are not the top of the food chain there) and icy nights even in July.
to find the (a) source of the placer deposits that are mined there (if true) is a big payoff and I hope the prospector gets his share.
how can one make money on this find as you allude to at the end of your post?
wild cat miners are very high risk investing as many a fool and his lost money can attest.
This is definitely not good news. Depending on who you believe, however, more than 3 confirmations within a 36 day period does not increase the odds of a waterfall crash. Robert McHugh of technical indicators has written extensively on the Hindenberg Omen, and is one of the best technical analysts that I´ve followed over the years.
To my friend Village Idiot, yeah I junked you because you are off topic. I enjoy reading your posts and commend you on your insights. However this is primarily a financial blog, and it is obvious that the entire controversy is phony and contrived. It is simply more the left/right political paradigm that keeps us trapped in a game where the TPTB control both sides. Creating and funding your own opposition is one of the oldest political games.
If there is a 30% probability of a 15% or more market declined over the next 120 days, who cares about what happens at ground zero. It is all cheap theater and will make no difference in my life.
+1
Bingo! good reply to both the article and off-topic banter. breads and circuses.
Russki, nice to meet you. Thank you for the kind words.
"However this is primarily a financial blog, and it is obvious that the entire controversy is phony and contrived. It is simply more the left/right political paradigm that keeps us trapped in a game where the TPTB control both sides"
I recognize this. From a financial perspective, I know I contribute very little. From most perspectives, really. Even my writing skills blow. That being said, I do have a strong interest in what is being discussed on this site, and, feel a certain desire to protect this site.
Maybe it's because I sit low in the "chair of intellect" that the view afforded allows me to see things that are being missed from above from time to time. My act was premeditated and willful.
Melt up or melt down--way to cover one's bases.
If the market crashes again, we will all be monitoring the activities, 'cuz there won't be any "locals" left to trade with...
On topic, how about a Biker Strip Club with Pulled Pork Lunch Buffet and Muslims-chained-to-the-bar-drink-free-Fridays after prayers?
WTF!?
Hindenburg Omen = Bull trap. Simple
http://www.youtube.com/watch?v=cdUA3__EhCg
Short the Market.
R u from Goldman Sachs Blog-ops?
there's no way to make money on this one. Any short bets will be uncollectable. (Like shorting AIG)
I made $68,000 on AIG puts...watchu talkin bout Willis?
I'm a little confused. The 82 highs mostly include Muni and other bond funds that aren't even in the S&P 500. How can you then conclude that this is actually an H.O.?
The HO is not in any way a qualitative indicator - it merely measures the confusion behind capital allocation, which by definition is highest before a major wash out event. This is the reason why the creator of the indicator did not specify which NYSE stocks can see increases/decreases in.
tyler tyler tyler
man of seriousness, buziness man.
And to think I went home long Euros!!!!!!!!!!
EURUSD 1.35 is still my long range target.
Hello newstreet and walküre,
I think that we have already seen the bounce of the "dead cat"....
http://img265.imageshack.us/img265/9184/eurodeadcats.gif
....since EURUSD was $1.315 I am on the other side of your trade....
good luck with the "cat"...
-xoxo Pam
Pam,
The Euro is not as inflated as your upper rack.
Most sincerely,
Wal-ü
Wal-ü,
I will take advantage of any bounce of the "dead cat" to add more shorts in order to get the shit out of it...... all the way down to $ 1...
Best wishes,
Pam
Pam,
When this should go to par, my advise would be to load up on anything that is priced in Euros. Real cars, real estate, real art ;)
I'm sure I will!
The Chinese are buying Euros and Euro debt. That's their next bet. It is what it is, Pam.
Wal-ü
hahaha thats a great graphic.
Has anyone ever heard of this Hindenburg Omen prior to this week?
Did traders talk about this "omen" any other time than today?
I'm not trying to discredit the fact but could it be that all this talk about H.O. is simply getting bears excited and placing short bets?
Squeeze alert!
24hr blog cycle? Got to keep those refreshers satisfied. :)
If you were on a trading desk in 2008 you sure heard of it
Oh M E N
velo babe
The H.O. was a well covered topic in the Summer of 08. It was talked about regularly last week and the week before when we had a bunch of near misses. If this is new to you...
http://www.imdb.com/title/tt1215500/
The Hindenburg Omen (2008)Plot: A professional tennis player struggling with the discovery that he is a child of rape falls prey to an unscrupulous advertising executive and is led to believe that he is a latent rapist.
***
Very popular in 2008. They even made a movie of it!
Who coined the phrase and when was it discussed first?
Anyone trading prior to this millenium, please.
Do not trust this market.
Do not trust the propaganda EITHER DIRECTION!
Nobody is immune to becoming a victim - again, again and again.
When you're dealing in a manipulated market, all bets are off.
GE-CNBC is discussing the Hindenburg Omen as if it was a the missing evidence to convict OJ.
I've personally subscribed to "renowned" market analysts that have predicted a crash with all sorts of "evidence" over the last 18 months and if I had followed all their advice, I'd have lost money.
Always remember, who "makes the market" is only out to get YOUR money. That's how the game works.
I hadn't heard of the HO either until maybe a week ago. I googled it to see if it had been mentioned before. Turns out it was flagging big time in 2007 just before the crash. This was enough for me to get out. If it is just a false alarm and I miss a big rally, so be it. There seems to be sufficient negatives on the economic front to validate its possibility. If the market turn up, it will likely come back down at a later date. This is one time I would rather be safe than sorry. JMO.
Casa D'Ice Sign Guy Gets It
http://casadice.com/signs/pages/outside_sign151.htm
Bloody Monday 8/23
Sorry, but today's is invalid. The 10w moving average is moving down. It must be moving up to confirm a hindy.
On the NYSE? I see today's 50-day m.a. at 6876.93 vs yesterday's at 6876.33, which is moving up. I assume 10w m.a. is the same as 50-day.
You're correct. I'm sorry!!!!
I misread a number! Thank you for correcting me.
The 50d should be CLOSE, but to be precise you should really check the 10w.
Damn. You had me thinking I would live past Monday and then you admit you're wrong and we're all dead on Monday. Be still my heart. :>)
Nothing wrong with being a gold zombie with silver eyes, is there?
Silver eyes? Don't look at me. I have lying eyes. :>)
Bought SLV, huh? For shame...
;)
Lesley Ciarula Taylor Staff Reporte
Creator of feared market indicator the Hindenburg Omen explains coming market crashEven though his newly famous market indicator is ominously called the Hindenburg Omen, creator Jim Miekka says the coming crash is good news.
“I’m watching the numbers right now,” Miekka tells the Star from his summer home in rural Maine. “It looks like the probability of a decline. I would expect it would happen at the end of September, the beginning of October.”
I say this. They will fuel that reactor and start making electricity in two years or less, Russia should make sure the spent fuel get processed out.
Now if we are to strike, I say get em where they are building under mountain centrifuges to generate weapons grade materal. Leave the reactor alone, just hit the stuff they need to spin the ore into something worth detonating over Israel or even the US mainland someday.
But the National Intelligence Estimate confirms that Iran has no nuclear weapons and no nuclear weapons program. The WMDs are bogus again (they fooled you twice, shame on you).
If you are referring to the old Power Point Presentation presented by Powell to the UN prior to the Iraq Invasion, then *Shrugs.
The United States knows how to keep secrets. Us common ants will never get to understand the real stuff that goes on behind the scenes.
For those of you who junked, I dont take it personal at all. I still remain committed to kicking out the Iranian nuclear weapons facilities and leaving the regular Electric plants alone. When they run out of oil, someday, they will need something to keep the lights on.
If you are referring to the old Power Point Presentation presented by Powell to the UN prior to the Iraq Invasion, then *Shrugs.
Dude, we're talking about Iran, not Iraq. See:
www.dni.gov/press_releases/20071203_release.pdf
Question for any and all
I was thinking that the run up in food and the inflation going on in emerging markets looks a lot like things before they really dropped before
1)Will the fed asset purchase (bonds) going to primary dealers to be sterilized as asset purchases prevent this, and was the fed thinking this with the timing of their move. funny how the fed programs always come out at very key intervals and times if you are a trader. They are loing at the markets as much as any trader.
Also knowing all the big wall street firms window dress and the last market top was with 7 weeks before the end of quarter I was planning on having a short bias because I know they have to alter their balance sheets for quarterly reports.
Yeah, this market's goin' down, Dog.
There is no more upside in the market until more stimulus gets announced.
The Chinese are pondering exactly that.
But alas, we have "confirmation" of signs (and wonders?) that the market could melt up or down or sideways or maybe the market just freezes instead of melting.
Surely, something will happen come Monday.
Now, junk me.
broadening divergences. This was a great time to short in 07. These omens were what I told trading friends to wait for before starting to get short again after the 09 bottom.
But at this point, I have to ask, how much of the HOs is a side effect of the HFT phenomenon and won't the Fed simply buy more futures to support the market?
PPT can buy all they want , it will just end in more flash crashes and waterfall selling. 2 steps back 1 step forward.
you just can't wait for market crash, right?
LOL
I love the idea of America. Democracy. The Constitution. But this system has become too corrupt. Yes I can't wait for this manipulated bullshit to crash.
System need to crash to fix it.
i recalled an incident last night.......
about an year ago i was surfing this site money.rediff.com....
in the advertisement area , the PYRAMD with the ONE EYE FLASHING suddenly appeared...and u know what was the message flashing " WATCH OVER YOUR MONEY"....
i was just about to Hit the Print screen when it dissapeared adn another advertisement showing some kind of lord of the rings " games appeared....
It's axiomatic that the more followed an indicator becomes, the less predictive value it has. Since the H.O. falls into the "I don't know which way it's going, but it's going to be BIG!" category, seems like the trade is to sell volatility.
no shit, Sherman
H.O. i forget what does this mean?
It means you're drunk.
H indenburg Oh Men
think when sober.
THE OMEN
http://williambanzai7.blogspot.com/2010/08/omen.html
new day new beginning
HINDENBURG MORON SPOTTED
http://williambanzai7.blogspot.com/2010/08/hindenburg-moron-spotted.html
this person predicts correctly::
http://www.youtube.com/watch?v=2X4bKu8XrEk&feature=related
Tyler - does it count whether the new highs /new lows are actual companies ( vs constructs )?
remarks deleted by poster
Good Morning fellow ZH'ers -
If you are at this point in the thread, you may have come to the conclusion that there was some nefarious reason for the "hot potato" I dropped into this post. Not the case. however, I would like to bring your attention to concerns some on this site have. How about an open forum post as suggested by Crockett? We can discuss our points of view from a clean slate. Thank you.
There are certainly a lot of details like that to take into consideration.I read and understand the entire article and I really enjoyed it to be honest.
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