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Sunday, August 15, 2010

The Hindenburg Omen Indicates Stock Market Crash is Coming


On Thursday August 12, the US equities market triggered a confirmed technical indicator known as the “Hindenburg Omen." This omen, as you may have guessed, suggests that a stock market crash is on the way. However, it doesn’t mean just any crash -- according to Albert Edwards, a London-based strategist at Societe Generale SA, the indicator means “a savage equity downturn is imminent".'

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