Today's News in Light of God's Prophecies

PID News

Yes Folks, Hindenburg Omen Tripped Again | WSJ

Posted on August 25, 2010 by Sharon K. Gilbert

(WALL STREET JOURNAL) — The Hindenburg Omen reared its ugly head late last week, signaling more doom and gloom as stocks plod along amid the dog days of summer.

The Omen, a technical indicator which uses a plethora of data to foreshadow a stock-market crash, was tripped again on Friday, marking the second time since Aug. 12 it has occurred. (It also came close on Thursday, but one of its criteria fell short.)

The latest trigger has prompted the Omen’s creator, Jim Miekka, to exit the market. “I’m taking it seriously and I’m fully out of the market now,” Miekka, a blind mathematician, said in a telephone interview from his home in Surry, Maine. “I would’ve probably stayed in until the beginning of September,” depending on how the indicators varied. “That was my basic plan, until the Hindenburg came along.”

via Yes Folks, Hindenburg Omen Tripped Again – MarketBeat – WSJ.

Comments are closed.

  • PID News on Twitter

  • Listen to PID Radio & VFTB

    Here is the Music Player. You need to installl flash player to show this cool thing!

  • Genetics News

  • Derek Gilbert

  • Sharon K. Gilbert

  • Tom Horn

  • Cris Putnam

  • Dr. Michael Lake

↑ Top