Saturday, August 14, 2010

Some articles mention the Hindenburg Omen.



For those of you not familiar with this, It usually means a really sharp correction lasting for a considerable period of time.

One article mentioning it is this one:

http://www.safehaven.com/article/17822/bounce-but-hindenburg-omen-reappears

There are others.

This tends to confirm my overall bearish outlook.

Depending what Monday looks like, I may reenter my short positions.

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