“The Hindenburg signal was triggered yesterday as the proportion of stocks reaching new one-year highs and lows both exceeded 2.2 percent of the total listed on the NYSE, according to Michael Riesner, a technical analyst at UBS in Zurich.”

This is a very good index. I have looked at very closely in the past for my own investments. Here is the link for the full artical. I does make you wonder what side the “222″ phenom is on sometimes.

The financial “golden ratio (222.49) has been out of symmetry for some time now. A correction back to a more natural state of equalibrium could be at hand my friends. We are all witnesses to history. However, we are all makers of it as well.

It is times of hardship that make us wise captains of our own ship. If a powerful storm does come, I believe we will all weather it very well indeed.

http://www.bloomberg.com/news/2010-08-13/-hindenburg-omen-suggests-another-leg-down-in-stocks-technical-analysis.html