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The Hindenburg Omen Was Right Again: Stock Market Plunges

By Melissa Lafsky | October 6, 2008 11:18 am

DOW industrial averageYou may recall that nerves were jangled this summer over the appearance of a recent Hindenburg Omen—the mathematical formula that measures the probability of a stock market crash, and has reportedly predicted every crash since 1985. Granted, the appearance of an omen didn’t necessarily mean a crash was incoming—though a “confirmed” omen, such as the one in June, substantially upped the chances of the market tanking.

Well, it looks like the numbers didn’t lie.

CATEGORIZED UNDER: Science Goes to Washington
MORE ABOUT: economy, probability, stock market

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