History
The Omen is largely based on Norman G. Fosback's High Low Logic Index (HLLI). The value of the HLLI is the lesser of the NYSE new highs or new lows divided by the number of NYSE issues traded, smoothed by an appropriate exponential moving average. The Omen itself is said to have originated with Jim Miekka, and the name was suggested by the late Kennedy Gammage.
Read more about this topic: Hindenburg Omen
Famous quotes containing the word history:
“What we call National-Socialism is the poisonous perversion of ideas which have a long history in German intellectual life.”
—Thomas Mann (1875–1955)
“All history and art are against us, but we still expect happiness in love.”
—Mason Cooley (b. 1927)
“History ... is, indeed, little more than the register of the crimes, follies, and misfortunes of mankind.
But what experience and history teach is this—that peoples and governments have never learned anything from history, or acted on principles deduced from it.”
—Georg Wilhelm Friedrich Hegel (1770–1831)