The Swastika forms a combination of four Ls standing for Luck, Light, Love and Life. It has been found in excavations of ancient Rome, Grecian cities, as also on ancient Buddhist idols and on Chinese coins dated as early as 315 B.C. American Indians used it as an amulet charm to drive away evil and for good luck, long life and prosperity to the possessor. It is also an auspicious symbol used by people of the Hindu religion. Its use by the Nazis in the second world war caused some damage to its reputation in the west as a symbol of luck.
There is good reason to believe that the crescent form of the horseshoe links the symbol to the Moon goddess of ancient Europe, and that the protection invoked is that of the goddess herself, or, more particularly, of her sacred vulva. In regions where the horseshoe is placed facing upward, folks believe the horseshoe must point up “or the luck runs out.” In places where it is hung facing downward, they say exactly the opposite – “it must point down so the luck can pour onto you.” However, when it is placed over the doorways of barns and stables, the horseshoe usually points downward, and it is said that Ono witch will pass under it.