Anyone scalping the FTSE Futures??

Any studies out there on these Hindenburg Omens ?

2 days ago.

"The Hindenburg Omen, which is supposed to warn of an impending stock market crash, is crying wolf—or bear market, in this case -- but investors don’t seem to care.

And why should they? The bulk of the previous sightings of the infamous technical indicator, which was created by the late Jim Miekka, have failed to lead to any weakness at all, much less a bear market."


http://www.marketwatch.com/story/hindenburg-omen-cries-bear-market-again-2014-12-03
 
hindenburg...my interpretation
that some stocks are out of sync with ones making new highs
a good bull market means that most are in sync with new highs
how does that sound ??
 
hindenburg...my interpretation
that some stocks are out of sync with ones making new highs
a good bull market means that most are in sync with new highs
how does that sound ??

Yes agreed....it's just that there seems to be differing views on how all this is calculated....then there's statistics ! :LOL:
 
Should have BTFD at 9960 rather than selling an imaginary top. :rolleyes:

It is soooo much easier making money buying the Dax at any price!
 
Yes agreed....it's just that there seems to be differing views on how all this is calculated....then there's statistics ! :LOL:

My view is if it gets air time on CNBC its not worth listening to.
Plus zero hedge shouts it out at every opportunity so that says it all to me. (n)
 

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