Saturday, May 27, 2006

 

Hindenburg Omen, will the May 06 correction develop into a bear market?

The Hindenburg Omen Signal first appeared on Apr 7, and a cluster of nine observations, April 7th, 10th, 17th, 18th, 24th, 25th, 26th, 27th, and May 11th. This is a signal that often appear a month before market crash (and it proved itself again) This is an article worth to read.

http://www.financialsense.com/fsu/editorials/mchugh/2006/0518.html

It may be just a 5% crash (and already completed), or it can develop into a real bear market. But, anyway, a rebounce rally is coming and may get us close back to the peak, that will be a good idea to take the profit from past years investments.

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