Episode 226 • • 14:00 - 16:18
226: Your Ankle Bracelet Awaits
Hindenburg Omen, September Stock Market Crash Prediction
The "Hindenburg Omen," a technical indicator named after the 1937 airship disaster, is currently predicting a stock market crash for September 2010. Created by mathematician Jim Mika, the omen requires five specific criteria involving 52-week highs and lows on the New York Stock Exchange. Some analysts suggest that widespread talk of a collapse may actually make it less likely to occur.