Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: TideGlider who wrote (89865)	8/26/2010 10:17:02 AM
From: chartseer	1 Recommendation Read Replies (1) of 224706

More frightening than the hindenburg omen? Complex and esoteric even in the world of technical indicators, the Hindenburg Omen is triggered when the following occurs, Zero Hedge reports: -- The daily number of NYSE new 52-week highs and the daily number of new 52-week lows must both be greater than 2.2% of total NYSE issues traded that day. -- The NYSE's 10-week moving average is rising. -- The McClellan Oscillator (a technical measure of "overbought" vs. "oversold" conditions) is negative on that same day. -- New 52-week highs cannot be more than twice the new 52-week lows. This condition is absolutely mandatory. These criteria have been hit twice since Aug. 12, prompting Miekka to get out of the market entirely, The WSJ reports. Judging by the recent market action, many others are following suit -- or at least moving in the same direction. finance.yahoo.com^DJI,^GSPC,XLF,FXE,XHB,TLT,GLD holy Hindenburg Batman! comrade chartseer

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