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Second Hindenburg Omen Confirmation In As Many Days, Third H.O. Event In One Week

Posted By admin On August 21, 2010 @ 2:39 am In Money Watch | Comments Disabled

Tyler Durden
Zero Hedge [1]
Aug 21, 2010

Longs may be forgiven if they are sweating their long positions over the weekend: not only did we just have a second, and far more solid Hindenburg Omen confirmation today, with 82 new highs, and 94 new lows [2], but the Saturday is the day when Iran launches its nuclear reactor, and everyone will be very jumpy regarding any piece of news out of the middle east. As for the H.O., the more validations we receive, the greater the confusion in the market, and the greater the possibility for a melt down (or up, as the case may be now that the market is unlike what it has ever been in the past). Furthermore, with implied correlation at record levels (JCJ at around 78), any potential crash will be like never before, as virtually all stocks now go up or down as one, more so than ever before. And should the HFT STOP command take place, the future should be very interesting indeed (at least for the primary dealers, and the Atari consoles which are unable to VWAP dump their holdings in the nano second before stuff goes bidless).

Having A Supply Of Healthy Foods That Last Just Makes Sense [3]

Second Hindenburg Omen Confirmation In As Many Days, Third H.O. Event In One Week 150410banner7 [4]


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URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/article/second-hindenburg-omen-confirmation-many-days-third-ho-event-one-week

[2] with 82 new highs, and 94 new lows: http://online.wsj.com/mdc/public/page/2_3021-newhinyse-newhighs.html

[3] Having A Supply Of Healthy Foods That Last Just Makes Sense: http://www.efoodsdirect.com//index.html?aid=14&adid=43

[4] Image: http://www.homegain.com/housead/homes_for_sale/index?entryid=11502

[5] Third Hindenburg Omen Confirmation: http://www.prisonplanet.com/third-hindenburg-omen-confirmation.html

[6] 6th Hindenburg Omen In 8 Days Sends Stocks Slumping: http://www.prisonplanet.com/6th-hindenburg-omen-in-8-days-sends-stocks-slumping.html

[7] Hindenburg Omen Confirmation #1: http://www.prisonplanet.com/hindenburg-omen-confirmation-1.html

[8] Dreaded Hindenburg Omen Will Play Out Within 4 Weeks: http://www.prisonplanet.com/dreaded-hindenburg-omen-will-play-out-within-4-weeks.html

[9] Hindenburg Omen: Stock Market Crash Imminent?: http://www.prisonplanet.com/hindenburg-omen-stock-market-crash-imminent.html

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