From Wikipedia:
http://en.wikipedia.org/wiki/Hindenburg_Omen

The Hindenburg Omen is a technical analysis signal that attempts to predict a forthcoming stock market crash. It is named after the Hindenburg disaster, the crash of the German zeppelin of the same name in May 1937. The Hindenburg Omen is the alignment of several technical factors that measure the underlying condition of the stock market - specifically the NYSE - such that the probability that a stock market crash occurs is higher than normal, and the probability of a severe decline is quite high.

After weeks of losing money because I was puting my money where my mouth is, I finally made it... I finally made money on a trade going short QLD, but my timing was not quite right.

At least I made a winning trade. I am being honest about this. I have lost money, but I saw this one coming, the only problem (as every traders problem) was my timing.

Hopefully we get another down day on Monday before the classic PPT bounce or maybe I will have the guts to ride the short position to the March lows.

You never know, I was strarting to think that I did not know anything about the market (Which I dont), but for once in my trading, I was right and made a little money.

I know this sound horrible for the people who were long the "worst is behind us" trade, but think about it: Oil at 138 and going up, inexistent energy saving policies, rising unemployment rate, rising foreclosures, and the financials in the doldrums....
But perhaps, once again I am wrong and we see a super bounce next week. However, based on the little confidence that the 3% drop gave me, I would say we will slowly trade to the March lows.

Benber N. Anke the Saviour of the Market, or not.... Lets analyze this: Ben the Great saved us all and BSC fro a meltdown, then everybody got the all clear signal and started bidding up the market to 10 % from its highs, then oil goes up and everybody is chanting: bear market rally, and now bad news its still good news.

Can someone make sense of all this mess? I wonder about the talking heads and the mass media who are singing: Buying opportunity... and its different this time!

The average investor should stay out of this market. Only fools like me who insist in testing their melt against the plunge protection team and the WS mafia by losing money are still trying to battle the evil moneymaking players on Wall Street.
The crashes come when nobody is expecting them. So we are safe now....