The Hindenburg Omen is a technical analysis pattern that is said to portend a stock market crash. It is named after the Hindenburg disaster of May 6, 1937, in which the German Zeppelin Hindenburg crashed and burned.
Read more about Hindenburg Omen: History, Mechanics, Criteria, Possible Weaknesses, Conclusions, Recent Occurrences
Famous quotes containing the word omen:
“Don’t pay any attention to Ah Ling. He has a mania for quoting Confucius. And Charlie Chan.”
—Joseph O’Donnell. Clifford Sanforth. Mrs. Houghland, Murder by Television, reassuring her friends after the houseboy has pointed out a sign of ill omen (1935)