The Hindenburg Omen may not be the holy grail the bears might like, but it still has plenty of street cred as a wake-up call.
The Hindenburg Omen, named after the airship that exploded as it was docking in New Jersey in 1937, has preceded every crash since 1987, but it has also popped up plenty of times without any subsequent market decline.
In 1925, Field Marshal Paul von Hindenburg became the second president of Germany's postwar Weimar Republic.
Field Marshal Paul Von Hindenburg was the most famous of the accused Germans, but the Allies never touched him.
Before building the Hindenburg, which was 245 metres long, the Luftschiffbau Zeppelin company first built more than 120 smaller airships, each slightly bigger than the last.
In 1914, in World War I, the Russians under Renenkampf and Samsonov were heavily out-maneuvered by the Germans under Hindenburg and Ludendorff at the battle of Tannenberg.
Its namesake, The Hindenburg, was a hydrogen-filled German airship that exploded in the air in 1937.
The Hindenburg Omen, which takes into account a bunch of market triggers, may not mean much in the broader scheme.
They may even be able to forget about the Bomb and the Hindenburg.
Invented in the mid-1990s by a blind mathematician named James Miekka, the Hindenburg Omen is an indicator of a market crash.
We travel back seven decades to the Hindenburg crash in 1937 and we see how modern wartime medicine has increased survival rates for injured troops.
And the business of the airfield's new owner, CargoLifter, is the development of giant airships, a means of transport few have taken seriously since the Hindenburg went up in flames in 1937.
In 1938, the German airship LZ130 Graf Zeppelin, sister ship of the ill-fated Hindenburg, made its maiden flight.
Mr. DERSHOWITZ: The Germans set up a state tribunal, then Hindenburg made a triumphal appearance and roses were strewn in his path as he came to the courthouse.
Hindenburg, for instance, and even the torpedoing, just three years after the Titanic sank, of the Lusitania, another great liner whose passenger list boasted the rich and the famous, were calamities that shocked the world but have failed to generate an obsessive preoccupation.
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