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Hindenberg Omen - Twice Extended

A reader, Alberta Rocks, is a follower of the indicator known as the Hindenberg Omen.  He has posted his detailed analysis and discussion at two previous Instablogs: and

Both of those comment streams have become quite long so I am starting this Instablog for future discussion of the Hindenberg Omen.  Alberta Rocks' latest review of the Hindenberg Omen is available at

Future comments on this topic will be posted in the comment stream for this blog.  Alberta advises that he may not post again for a while since the Hindenberg signal does not seem top be close at hand.

Note added March 23, 2010:  This comment stream is getting rather long for easy navigation, so I have started a new Post .  I hope further discussion will take place there.

Disclosure: No stocks mentioned.