Bears better look out for the Hindenburg Omen

maserati

if they bet on wave C down anytime soon since NO MAJOR DECLINE has started without one over the past 25 years. Needless to say, one did occur at the start of the primary run down.

Here is the criteria for the Hindenburg Omen:

That 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 percent of the total NYSE issues traded that day.

That the smaller of these numbers is greater than 75. (This is a function of the 2.2% total issues, not a rule)

That the NYSE 10 Week Moving Average is RISING.

That the McClellan Oscillator is NEGATIVE on that same day.

That the number of NEW 52 Week Highs cannot be more than twice the NEW 52 Week Lows. This condition is a must.

palm

bucks

thanks

maserati

3# bucks

so u r a fan of Ohio State?