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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (75857)6/26/2007 9:56:49 PM
From: Real Man  Read Replies (2) of 94695
 
Odds of a real BK soon are quite high compared to normal, 25%
en.wikipedia.org
safehaven.com
"The probability of a move greater than 5% to the downside after a confirmed Hindenburg Omen within the next 41 days after its occurrence is 77%, the probability of a panic sellout is 41% and the probability of a real big stock market crash is 25%. The occurrence of a confirmed Hindenburg Omen does not necessarily mean that the stock market will go down. On the other hand there has never been a significant stock market decline in history, that was not preceded by a confirmed Hindenburg Omen."
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