karennma
8,057 posts
msg #95663
- Ignore karennma
modified |
8/15/2010 7:17:58 PM
I'm still in FAZ.
http://www.bloomberg.com/news/2010-08-13/-hindenburg-omen-suggests-another-leg-down-in-stocks-technical-analysis.html
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karennma
8,057 posts
msg #95664
- Ignore karennma |
8/15/2010 7:21:47 PM
HINDENBURG OMEN
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Kevin_in_GA
4,599 posts
msg #95665
- Ignore Kevin_in_GA |
8/15/2010 7:54:11 PM
Karen:
Not waiting for the confirmation signal? What the article did not discuss was the frequency of the Hindenburg signal without a confirmation, and what typically happened under those circumstances.
Here is a little more detail on their occurance and frequency:
http://www.safehaven.com/article/3880/the-past-performance-of-the-hindenburg-omen-stock-market-crash-signals-1985-2005
The requirement for a confirmation seems pretty important - most of the confirmed signals come in tight clusters of 5 or so within a few months of the initial signal, so keep your eyes open (although if it gets confirmed the internet will be abuzz with the news).
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karennma
8,057 posts
msg #95674
- Ignore karennma |
8/16/2010 7:53:36 AM
More ....
SCROLL DOWN
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karennma
8,057 posts
msg #95675
- Ignore karennma
modified |
8/16/2010 8:06:35 AM
Past Performance of Hindenburg Omen
SCROLL DOWN
Hey Kevin.
Thanks for posting.
The internet IS "abuzz with the news".
Also, look at a 9-month chart of DOW.
I don't know how to post my ToS charts here. ...
But clearly looks like Head & Shoulders pattern to me.
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duke56468
683 posts
msg #95691
- Ignore duke56468 |
8/16/2010 10:42:03 PM
Karennma.......... off topic but how is Garsworld working out for you would you still recommend it
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karennma
8,057 posts
msg #95692
- Ignore karennma |
8/16/2010 11:16:16 PM
duke,
It's "okay".
Basically, I go there because the people are nice and I can "chat" whenever I want.
For the price, you can't beat it ... $200 up front for a lifetime membership.
Someone "new" is always popping in with some new insights. (trials)
For example, today, a "newbie" was pumping Volume Spread Analysis, and Amibroker. Although I was already vaguely familiar with both, because he mentioned them, I stumbled up the Heiken-Ashi indicator! Wow!!
So, for me, the chat is worthwhile ... for the occasional nuggets of wisdom.
I don't use the software ... just the chat.
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duke56468
683 posts
msg #95698
- Ignore duke56468 |
8/17/2010 8:59:13 AM
@ Karennma.........Thanks for the input.
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karennma
8,057 posts
msg #95699
- Ignore karennma |
8/17/2010 9:34:34 AM
duke,
Rick Saddler's chat is very good, IMHO.
Lots of technical analysis, charts, etc.. It's $85./mo.
Since I'm cheap, I didn't renew my trial.
But if you're looking for a chat with technicals and charts, and willing to spend $85., it's certainly worth checking out.
You can email him and ask for a "trial".
Rick @Ricksaddler.com
Good luck!
:>)
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duke56468
683 posts
msg #95712
- Ignore duke56468 |
8/17/2010 10:07:10 PM
@ Karennma.........Thanks again.
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