Thursday, September 11, 2008

Hindenburg Omen – Crash Alert!

Have you heard of the Hindenburg Omen?

A crash signal or alert! Hindenburg Omen is an indicator used to predict a forthcoming stock market crash. Hindenburg Omen appeared a few times in June 2008, and is valid for 4 months. Meaning there is a high probability of a severe decline in the NYSE into October 2008.

Be careful! Even though Fengshui forecast a possible market rebound in September, I think I'll not take the risk.

Just read that London Stock Exchange's online system crashed for about 7 hours leaving people unable to buy/sell their stocks on September 8, 2008.

What if something happens today, September 11, anniversary of terrorist attack? What if war suddenly breakout? Then selling stampede could cause SGX to crash?

So scary! I better stay out!

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