Hidenburg Omen vs. TraderMark's Market "Break Down the Wall" Alert System
Oh Yea! We all heard about the "Hidenburg Omen" these past few weeks. But as TraderMark pointed out, there could be yet another system. The Masters are labeling the "Break Down the Wall" Sytem as -- Before every crash there is at least 1 U.S. Congressman with first name John. Further, there is always a named hurricane in the previous August, and snow has fallen in Wisconsin by Nov 13th of that year. Always! Then we crash!
Check out TraderMark's coverage of the WSJ story on Jim Miekka, the creator of the "Hidenburg Omen". Miekka has never worked on Wall Street and doesn't hold any financial degrees. But he has suddenly developed a cult-like following among some investors.
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SOURCE: http://www.fundmymutualfund.com/2010/08/wsj-hidenburg-omen-creater-stick...
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