Hindenburg Omen (Occurred Twice this Month)

The consensus here was that this was drivel the first time it appeared (2 or 3 days ago).

Not that I'm a finance expert, but I'm uncomfortable with an indicator the parameters of which were optimized by backtesting half a century ago.<p>On the other hand, a confirmed Hindenburg Omen signal occurred on Jun 16th 2008, which would be a timely warning for the following events. On yet another hand, no word on how many such <i>confirmed</i> signals were false alarms historically.

Sometimes humans too good at seeing "patterns" for our own good.

I've never seen anything that makes me think 'Technical Analysis' of stock market indicators is anything more than a pseudoscience. It's fun and spooky, but is it any better than throwing darts?

Funny that probably a lot of people make a living thinking in such a way, forming complicated theories of superstition.

That's a hilariously small sample size for a 'model'.

This is right up there with the similarities between Kennedy and Lincoln.

Let's assume the big crash will happen before the end of this year: what do you do? As an angel? As an entrepreneur trying to raise money? As a funded startup with a limited runway?

OMG, let's go looking for Ms and Ws in stock price data