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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:  http://seekingalpha.com/instablog/98115-john-lounsbury/32912-the-hindenburg-omen and http://seekingalpha.com/instablog/98115-john-lounsbury/34251-the-hindenburg-omen-extended.

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  http://seekingalpha.com/user/357305/comment/879002

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 http://seekingalpha.com/instablog/98115-john-lounsbury/60001-the-new-hindenberg-omen-blog .  I hope further discussion will take place there.

Disclosure: No stocks mentioned.