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Market Timing With Dennis Gartman: "The Market Will Stop When It Stops, Not A Moment Before"
Renowned for something, Dennis Gartman has outdone himself once again (again). After explaining that bonds are rallying on pension fund rebalancing but stocks should not be lower and shorting bonds never works; the bearded market-timing philosopher gives a glimpse of the kind of insight that can only be purchased for $29.95: "the market will stop when it stops; not a moment before."
Here it is...grab the popcorn
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His brain is stuck in the old normal. This is the new normal.
Jeff Mackey was great...'draw a fucking line up and don't sell until it breaks...oh and use a crayon to draw the line'
Even he was reduced to twitching and manic before the market broke..
Good times
I can't figure out if Gartman knows everything about nothing, or he knows nothing about everything.
"Renowned for something, Dennis Gartman..."
Best opening line in a long time. Dead on. Love it.
I agree with his analysis; I too believe the market will keep going up unless it goes down.
Bold Fucking call!
A mile wide and an inch deep no matter how you look at it.
I'm beginning to think that Gartman and Cramer are the same person...
Gartman ist he calm one.
Enlightening?
Still waiting for that $85 WTI crude Gartman was predicting back on Nov 6th:
http://dennisgartman.blogspot.com/2013/11/selling-any-short-term-bounces...
Tyler should post this underneath the cnbc vid as an open question to Gartman
https://www.youtube.com/watch?v=2SoWNMNKNeM
I am impressed at the magnitude of the effort undertaken to at all costs get the conversation off of Michael Lewis.
They gave him 48 hrs and then their advertisers spoke and that was it -- there shalt be no other suggestion that the market is anything but humans negotiating deals.
Regardless of HFT volume.
It is all illusion now.
But that's what the people want, so that's what they get.
Reality is going to show up one of these days and I really am going to take some time off from tilting at windmills to sit back and watch everyone's heads explode. That will be fucking amazing.
Yeah, and Tylers, when you identify just what it is he's renowned for, please do tell. Meanwhile, I'll be working on the age old question of how many licks it takes to get to the center of a tootsie roll pop. I normally wouldn't bash anyone, but Gartman is a grade-A ass hole when it comes to how he attacks precious metals investors. ...and he does it while at the same time maintaining a groomed public image of being an uber-nice guy.
--
Eric Dubin, Managing Editor, The News Doctors
Gartman was laughed off the stage the only time he ever spoke at the Cambridge House Conference in Vancouver, BC several years ago. I was there, and it was comical. And you're right, he is an asshole too.
Truly ,a legend in his own mind.
Gartman: "respect my authority".... oh that was Cartman. My bad.
"the market will stop when it stops; not a moment before." - aphorism much?
That's clairvoyance for you.
He's wrong yet again. According to my infallible calculations, the market will in fact stop exactly 1.3 moments before it stops.
up up and away....to infinity and beyond!
Toy Story - Buzz Lightyear - To infinity and Beyond
http://www.youtube.com/watch?v=ejwrxGs_Y_I (0:36)
Now I am forced to sell 20,000 Big S&P's tomorrow.
I now expect a major market meltdown tomorrow- Friday at the latest.
"the market will stop when it stops"
Damn that pretty much wraps up the Nobel Prize in Economics right there.
Gartman is "pleasantly" a moron but come on Cramer is the face of the whole network. I NEVER get tired of perusing this manifesto
http://www.thestreet.com/story/891820/1/the-winners-of-the-new-world.html
Most of these companies don't even have earnings per share, so we won't have to be constrained by that methodology for quarters to come.
The Muppets - Popcorn
http://www.youtube.com/watch?v=AvDvTnTGjgQ (3:25)
Well, he's been the perfect contrarian indicator. He went long around 1880 the first time, short around 1840, long around 1900, short at 1850 and now long around 1900...does he secretly work for Goldman?
she even calls him on his bs halfway through. utterly clueless as always.
hey dennis, the bond and stock markets rose lockstep for thirty years but now you are suddenly expecting a medium term inverse correlation?
My advice to you is to start drinking heavily.
the stroke bus is about 20 minutes overdue at the gartman stop
That is so Yogi Berra.
That;s worth $400 a month! Or you could flip a coin and be guarantted to be 400 buckeroos to the good on Day #1.
Everyone who pays for the Gartmen Letter should be granted an honory Darwin Award.
The sellers are just balancing their ports due to too much stock profit.
Gartman rhymes with Cartman rhymes with Fartman.
Taper in June - unless Yellen feels the need for a 2500 S&P with negative GDP and 50M Americans on food stamps.
Dennis Gartman can lay on his back to forecast financial autofellatio HFT trading waves.
"My predictions will be correct when they are correct, not a moment before"
I watched it live.
More noteworthy than the "It'll stop when it stops" comment was his acknowledgement that he keeps getting it wrong...so he called for a bull solely to be contrarian to his own judgement.
If I were to guess, he uses his air time to dupe home gamers to the benefit of his clientelle the same way Cramer used to call in stocks for Bartiromo to pump on air so he could dump them.
If that's the case, it's time to batten down the hatches, it's correctin' time.
I hear Gartman is making his hollywood debut soon --- he is starring in the remake of 'Being There'
He wouln't even have to act to do this http://www.youtube.com/watch?v=FcPQ9gww_qc
didn't Gartman make a bearish call about 50 handles ago? now he says hop on the train...lol!
Bet he wasn't wearing any pants in that interview and was fondeling Mr. Winky.
Copy. Stand by to Stand by. Market collapse in: five...four.....three.........two..........one........
Wow, heavy!
Bet ya the monkey throwing darts on a wall full of dates is more acurate than Gartman.
His name sounds too close to Cartman of South Park.
Fartman trying to get in the top 5 of CNBC dungheap...tall order.
"the market will stop when it stops; not a moment before."
he gets paid for this kind of BS?
he has an audience that listens to this BS?
doesn't take much these days to satisfy the exceptional ones does it? LMAO
Gartman looks just like the croupier he is.
The bond and stock markets will stop going up when the Central banks decide they stop.
Hey!
Stop picking on Gartman. Somehow his fate is to be who, and where, he is. I like to look at him like a rune which you interpret according to your own cosmology.
I was his neighbor for a few years in Suffolk, Va. Pretty nice guy personally, though I never could get my head around what it was exactly for which he was renowned.
"It's always good to be Sean."
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