Jm Cramer Shoot Down The Hindenburg Omen

Not only did we just have a second, and far more solid Hindenburg Omen confirmation today, with 82 new highs, and 94 new lows, but the Saturday is the day when Iran launches its nuclear reactor, and everyone will be very jumpy regarding any piece of news out of the middle east.

CNBC Host Jim Cramer

As for the Hindenburg Omen, the more validations we receive, the greater the confusion in the market, and the greater the possibility for a melt down (or up, as the case may be now that the market is unlike what it has ever been in the past).

Furthermore, with implied correlation at record levels (JCJ at around 78), any potential crash will be like never before, as virtually all stocks now go up or down as one, more so than ever before.

Well, here’s CNBC‘s Jim Cramer having a bashing over the recent chatter of an impending crash:

Vodpod videos no longer available.

Wednesday’s Market Action As Predicted By Jim Cramer

Jim Cramer’s Web Company Investigated By SEC

Jim Rogers Says CNBC Is A PR Agency

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3 Comments

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3 responses to “Jm Cramer Shoot Down The Hindenburg Omen

  1. My buddies and I were actually talking about this exact issue last night and not all of us agreed about it but I’m more in line with your beliefs than I am with some of my colleagues. Good thing that I located this website, I’ve already bookmarked it so that more people can see what you have to say.

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