August 15, 2010
– Comments (1)
I am no expert on the topic but the street said the criteria is all there and that it is accurate 92% of the time. I myself am expecting a market crash, and this adds to that theory. Any experts on the matter?
We still need confirmation.
This is from the Wikipedia page:
To eliminate false positives some technical analysts (as a rule) have imposed the condition that the Hindenburg Omen
One off Hindenburg Omen signals are always considered unconfirmed as the indicator has a high false alarm rate. A train of 3 to 5 coupled Hindenburg Omens are preferred by analysts wherever possible.
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