Has anyone programmed the Hindenburg indicator? If so please post. Thanks
Dick H PS: It was featured in WSJ today Hindenburg Omen forecasting a big drop? August 25, 2010 â" 3:56pm ET | By Jim Kim <http://www.fiercefinance.com/author/jim> The Hindenburg Omen is a well-known indicator among what's left of the technical analysis crowd. Mark Hulbert offers a look at the history of this esoteric indicator here <http://www.marketwatch.com/story/a-statistical-take-on-the-hindenburg-o\ men-2010-08-24?reflink=MW_news_stmp> ; the basic idea is that when a lot of stocks are hitting 52-week highs and lows simultaneously, a big drop is in the making.The blogosphere has been rife with discussion of the Hindenburg Omen, because it has recently been flashing ominous signals. Indeed, Jim Miekka, the blind mathematician credited with creating the indicator decades ago, has told journalists he has exited the stock market. Read more: Hindenburg Omen forecasting a big drop? - FierceFinance <http://www.fiercefinance.com/story/hindenburg-omen-forecasting-big-drop\ /2010-08-25#ixzz0xjznHzi0> http://www.fiercefinance.com/story/hindenburg-omen-forecasting-big-drop/\ 2010-08-25#ixzz0xjznHzi0 <http://www.fiercefinance.com/story/hindenburg-omen-forecasting-big-drop\ /2010-08-25#ixzz0xjznHzi0> Subscribe: http://www.fiercefinance.com/signup?sourceform=Viral-Tynt-FierceFinance-\ FierceFinance
