Saturday, August 14, 2010

A Complte Economic Collapse Around The Corner?


The 'Hindenburg Omen' Is Seen. Will a Stock Crash Follow? -- Daily Finance

Wall Street is whispering about the 'Hindenburg Omen'. It's an ominously named technical indicator that is supposed to signal an upcoming stock market crash. "Its creator, a blind mathematician named Jim Miekka, said his indicator is now predicting a market meltdown in September," reports The Wall Street Journal.

The S&P 500 completed on Friday the biggest three-day decline since July 1. The wobbly stock market has investors worried and searching for clues on the market's direction.

Read more ....

More News On The 'Hindenburg Omen'

'Hindenburg Omen' Flashes -- Wall Street Journal
Hindenburg Omen: Why equity investors should be very afraid -- Reuters
`Hindenburg Omen' Indicator Suggests Slump in Stocks: Technical Analysis -- Bloomberg
Time to Fear the Hindenburg Omen? -- CNBC
Wall Street Wonders If 'Hindenburg Omen' Just A Lot Of Hot Air -- Wall Street Journal
Oh, the humanity! Hindenburg omen in stock market -- Reuters
'Hindenburg Omen' Flashes: Technical Gauge And Its Creator Sense Stock Market Gloom -- Huffington Post

My Comment: What is not mentioned .... is that stock market crashes usually result in international instability coupled with multiple wars and conflicts. Sighhh .... one more worry to add to the list.

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