Good question to ask - Will the “hindenburg omen” affect australia. The more important question on everybody's mind right now is “Is the Hindeburg Omen even a possibilty?
Well if you are following what some doomsayers are saying “ The hiddenburg omen its certainly coming and the crash is not far away” . Right now Australians are nor fearing the omen much more that the possibility of a double dip recession happening in the US with the housing market in disarray.
So what is the Hindenburg omen ?
The hindenburg omen named after famous German airship that crashed in new jersey in 1937 , is a technical indicator that predicts not just a bear market but a stock market crash.
The creator of the this omen is a blind mathematician named jim Miekka , said that his indicator is no predicting a market meltdown next month.
For this crash to happen , the 5 criteria of the Omen should be fulfilled:
1.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 total NYSE issues traded that day.
2.That the smaller of these numbers is greater than or equal to 69 (68.772 is 2.2% of 3126). This is not a rule but more like a checksum. This condition is a function of the 2.2% of the total issues.
3. That the NYSE 10 Week moving average is rising.
4.That the McClellan Oscillator is negative on that same day.
5.That new 52 Week Highs cannot be more than twice the new 52 Week Lows (however it is fine for new 52 Week Lows to be more than double new 52 Week Highs). This condition is absolutely mandatory.
The Hindenburg Omen is going to make things very bad, very soon, if technical analysts are correct. Never heard of it? You’re not alone. It’s a market anomaly that happens very rarely. However, when it does happen, it can mean we are heading over a cliff, and fast. The last time it happened? June 2008.
I am not sure about the H.O., but think that bonds are bubbly
This blog is quite nice and informative blog created by the webmaster
Now a days Indian Market Looks to be trading in a Choppy Fashion which means a break on either side i.e up or down can lead to 50-100 points break,so it is advisable to trade with Strict Stoploss Strategy
Team
KnowYourProfit
+91-9871142419
Last Sunday I Opined about a possible Frog Boil based on a proprietary indicator, the VIX/VXN Volatility Ratio.
Here is that Opine. Although prickly, not to be confused with porcupine.
http://oahutrading.blogspot.com/2010/09/holy-grail-part-2-vixvxn-volatility.html
And a new indicator. The PM Summation. This is a sub-component of my "Fear Factor" indicator.
It draws nice trendlines. When money runs out of bonds, where will it go to?
http://oahutrading.blogspot.com/2010/09/frog-boil-tasty-if-you-catch-it-at.html
Cash?
Real Estate (yeah right)
precious metals
US stocks
China stocks
Art work
More Harley's to sit in the garage
Junk bonds
Well look above, first the 20 point drop to get the frogs to jumps into the pot, then a spastic increase in "heat" with occasional relief in temperature to convince the frogs to stay in the pot while tiring them out in duration. Note the orange line the 38 Fibo as defined in the blue notes, which seems to be Gandolf saying "you shall not pass". Let the battle commence.
And here is the 9-12-2010 Chart showing the "Frog Boil" in action
http://oahutrading.blogspot.com/2010/09/frog-boil-tasty-if-you-catch-it-at.html
Quick Note
Are we at the edge of a P3 event?
Who knows, but this is clear--
Wallstreet is completely detached from mainstreet.
"They" ramp things in the opposite direction to catch as many people off guard as possible. This is clear when correlations suddenly break down, which they have.
It is amazing that "stock value" is actually computed into what is presented as cumulative "wealth".
Think about that word, Wealth. Stock prices are just an electronic blip, a fleeting data point with less mass than a thought. But now that prices are up, suddenly the lie that wealth has increased is being pimped out by the Gov/Financial/Media complex.
Just over a decade ago, I thought this way-- That the stock market price reflected the wealth and strength of our nation. This is how we are trained by the media and our financial "leaders / advisors". It is false.
So in the last 2 weeks especially, that market is being ramped in the face of every other indicator showing the opposite. How long can the insanity last? Well look at 1999, it can last a long time. Elections coming up could really be Dabama saying to his G-team....whatever, take $100B and ramp the futures and market indices....make sure people are happy by election day.
Here are some charts by darell, lots of ratio charts.
http://oahutrading.blogspot.com/
MAX PROFITS TRADING INTRADAY/DELIVERY/OPTIONS..!!
http://www.niftyviews.com/
Hi Friends, we have high success rate in Intraday stock calls, our testimonial is our clients with whom you can chat online in our live chat.
We don’t just trade, we create wealth.
Every small and big investor can make money through our nifty calls, trade from 1 to 10 lots to get huge profits consistently.
Come online to our 24hrs free chatroom where 300++ members trade together
at: www.niftyviews.com
Also check the performance before you subscribe at:
FUTURE: http://www.future-friend.blogspot.com/
OPTION: http://tsroption.blogspot.com/
INTRADAY CASH : http://smscalls.blogspot.com/
FOR PROCEDURE TO JOIN US http://groups.google.com/group/STOCKRESEARCHER
JOIN US ON FACEBOOK: http://www.facebook.com/home.php?#!/pages/WWWNIFTYVIEWSCOM-TEAM-STOCKRESEARCHERS-Pvt-Ltd/139183109437711
DOWNLOAD OUR REPORTS FROM http://www.scribd.com/Niftyviews
FOR FREE CALLS ON YOUR CELL PHONE
SMS ‘ON Sresearchers’ to 09870807070
OR ADD YAHOO ID “NIFTYVIEWSCOM”
FOR SUBSCRIPTION CALL HIREN@ 09327744250
Hi,
Seems like it’s a nice blog. So let us also add something useful in it. Trading in volatile market can be very fruitful also if we follow technical levels closely. It’s a common saying that stock market can change fortune in either way. But now the question is how to earn money from the Indian stock market.
Traders are advised to strictly follow technical analyses and investors can follow fundamental analysis. Many analysts say it’s not wise to follow technical and fundamental analysis together. But we say what the problem is if one does so? As more knowledge will add up things will not have any negative impact.
Regards
. Sharetipsinfo Team
This blog is quite nice and informative blog created by the webmaster
As per our previous posting we had already told that the Indian Stock Market is now in such a position that either side breakout can be witnessed soon and Today Sensex has Touched 19000 level Sensex
Team
KnowYourProfit
+91-9871142419
This blog is quite nice and informative blog created by the webmaster
As per our previous posting we had already told that the Indian Stock Market is now in such a position that either side breakout can be witnessed soon and Today Sensex has Touched 19000 level Sensex
Team
KnowYourProfit
+91-9871142419