What effects will the 2012 prophecy have on the economy then?
Even if the 2012 prophecies aren’t true, is it possible that there might be widespread fear among the public to crash the economy (bank runs, stock market plunge), therefore realizing a financial doomsday?
Is it possible to predict movements in the Stock Market ?
Total Market Crash Predicted in September
There is a new technical indicator in the financial world. It indicates a total market collapse and it is called the “Hindenburg Omen.”
The Omen, was developed by a blind mathematician named Jim Miekka. He built it by analyzing all former market crashes. The Hindenburg Omen is predicting a market meltdown in September.
Mr. Miekka came up with the Omen in 1995 using a formula that traces data like 52-week stock levels and the moving averages. The Omen was set off this week when there were 92 companies that hit new 52-week highs on Thursday and 81 new lows.
The Omen predicted every market crash since 1987, but is not necessarily always accurate. Market analysts said only about 25% of Omen alerts have led actual crashes.
It seems most investors have moved into cash positions, even before the Omen appeared. Something strange is happening.
