Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 297.50

-2.6%

Nov 6 4:00 PM EST

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To: Investor2 who wrote (50476)	12/22/2010 12:03:08 AM
From: Return to Sender	3 Recommendations Read Replies (1) of 95383

I think you may be misinterpreting the predictive value of the Hindenburg Omen. It merely predicts a correction should take place, not that it will necessarily be a major correction leading to a bear market, but rather just a correction could be coming. It does tend to predict at least a 5% correction 77% of the time: Message 27038404 After the omen in August the Industrials lost 783.32 points for a 7.3% correction: Keep in mind that it does not always work and that those who follow it continue to change what qualifies as well as what confirms a valid signal. RtS

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