This page has been archived and commenting is disabled.

Gartman Flip-Flops Again, Is Now Pleasantly "Market-Neutral"

Tyler Durden's picture




 

Here's the latest flip-flop from the G-man, who completely forgot his most recent virtual (derivative) portfolio was actually bullish into the biggest market plunge in months:

If the Russell were to hold today and turn higher, then we might very seriously consider covering a portion of our derivatives; otherwise, we shall sit tight, remaining market neutral and fearing that indeed the bear market has begun and that rallies henceforth are to be sold rather than weakness bought.

And yet two days ago:

The well-defined upward sloping trend channel continues to remain fully intact and until that trend line is broken we have to once again err upon the side of being bullish of shares generally... Support levels have held and trends from the lower left to the upper right obtain. One may wish to join the bearish camp, but one would be wrong.

Because where else does $29.95 or whatever buy so much comedy?

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 10/08/2014 - 09:54 | 5302805 vmromk
vmromk's picture

Someone stuff a COCK in that asshole's mouth already.

Wed, 10/08/2014 - 09:57 | 5302821 gmrpeabody
gmrpeabody's picture

If it falls on your foot, and it hurts,

..oh, wait.

Wed, 10/08/2014 - 10:17 | 5302890 philipat
philipat's picture

Why would anyone PAY for this Guy's "Advice"? What a complete A**hole...

Wed, 10/08/2014 - 10:21 | 5302910 bbq on whitehou...
bbq on whitehouse lawn's picture

How does he have any money left to play with?

Wed, 10/08/2014 - 10:52 | 5303070 Pool Shark
Pool Shark's picture

 

 

You could call Gartman a weathervane, but that would be unfair to weathervanes. At least weathervanes tell you which way the wind is blowing; Gartman doesn't have a clue...

 

Wed, 10/08/2014 - 17:42 | 5305558 Squid-puppets a...
Squid-puppets a-go-go's picture

how does he reckon he is REMAINING neutral, when 2 days ago he was uber bullish? This must be the fastest example of historical revisionism in recorded history

Wed, 10/08/2014 - 11:04 | 5303074 Temporalist
Temporalist's picture

I think he's kinda fuzzy and cute like a drunken pedophile priest that just can't stop touching...nah he's sickening just kidding.

Wed, 10/08/2014 - 11:17 | 5303228 Fredo Corleone
Fredo Corleone's picture

"I'm smart ! Not like everyone says on Zero Hedge !"

Wed, 10/08/2014 - 13:13 | 5304071 KnuckleDragger-X
KnuckleDragger-X's picture

 

 

Wed, 10/08/2014 - 20:04 | 5306242 armageddon addahere
armageddon addahere's picture

Because you could make a fortune fading his tips. He is the perfect contrary indicator.

Wed, 10/08/2014 - 09:53 | 5302806 kowalli
kowalli's picture

fair and open market /s

Wed, 10/08/2014 - 09:55 | 5302811 devo
devo's picture

Gartman is going to be pleasantly jumping off a building at this rate.

Wed, 10/08/2014 - 16:41 | 5305263 BrosephStiglitz
BrosephStiglitz's picture

That dickhead is going to be spit-polishing paratrooper boots in 5 years.  Complete and absolute shill.  He should be ashamed of himself.

Most people would call this type of person a whore.  If Americans want to know what happened to the American dream?  Look no further than D-Gart.  Selling your integrity for paper, or electronic digits in a bank account, might seem like an easy thing to make short term gains. Longer term it is dubious.

Wed, 10/08/2014 - 09:55 | 5302813 skbull44
skbull44's picture

I used to be indecisive, now I'm not so sure...

http://olduvai.ca

Wed, 10/08/2014 - 09:55 | 5302814 Latitude25
Latitude25's picture

Now we know for sure a market crash is imminent.

Wed, 10/08/2014 - 09:59 | 5302816 JustObserving
JustObserving's picture

He flip-flops more than a fish out of water.  Unluckily, for much longer.  Who are the idiots who follow him? On the other hand:

No one ever went broke underestimating the intelligence of the American public.” Mencken

 

Wed, 10/08/2014 - 10:07 | 5302860 NotApplicable
NotApplicable's picture

Always upvote Mencken.

Wed, 10/08/2014 - 10:08 | 5302869 JustObserving
JustObserving's picture

An incorruptible journalist of the old school.  Today, incorruptible journalist is an oxymoron in the land of the free 

Wed, 10/08/2014 - 10:01 | 5302834 Seasmoke
Seasmoke's picture

How the fuck is anyone supposed to keep up with this idiot if you were actually foolish enough to follow him.  Is the idea he flips 3 times before you make a move, so you end up where you belong ??

Wed, 10/08/2014 - 10:37 | 5302984 BandGap
BandGap's picture

Three left turns and you're ahead of yourself.

Gartman is a dick smoker.

Wed, 10/08/2014 - 20:05 | 5306248 armageddon addahere
armageddon addahere's picture

Just take what he says and do the opposite, and you will end up OK.

Wed, 10/08/2014 - 09:59 | 5302835 buzzsaw99
buzzsaw99's picture

derivatives, lulz

good luck with that!

Wed, 10/08/2014 - 10:00 | 5302836 saints51
saints51's picture

News must be slow today.

Wed, 10/08/2014 - 10:00 | 5302838 taketheredpill
taketheredpill's picture

 

 

$29.95 doesn't sound that bad.  Then all you need to do is copy to Word and replace Equity with Bond and vice versa.  Easy Peasy!

Wed, 10/08/2014 - 10:05 | 5302854 FieldingMellish
FieldingMellish's picture

More like $299.95 when you include your transaction costs.

Wed, 10/08/2014 - 13:06 | 5304040 inbbyn
inbbyn's picture

If you took his advice and did the opposite, your trading profit would cover the transaction costs. 

Wed, 10/08/2014 - 10:10 | 5302864 Dungholio
Dungholio's picture

Quick, someone send him a nail gun!

Wed, 10/08/2014 - 10:09 | 5302870 kaa1016
kaa1016's picture

I shall henceforth no longer listen to anything that Gartman has to say. I will pleasantly say I never did listen to him anyway. I can never take the "advice" of someone who speaks the way that jackass does.

Wed, 10/08/2014 - 10:09 | 5302872 NotApplicable
NotApplicable's picture

Flip-flop? Nawww, he's just riding the "cutting-edge," which as we all know, is subject to instantaneous reversals.

The man's a visionary, I tell ya!

/s

Wed, 10/08/2014 - 10:30 | 5302874 Callz d Ballz
Wed, 10/08/2014 - 10:12 | 5302879 ziggy59
ziggy59's picture

Gartman's clock is so broken its not even correct twice a day!

Wed, 10/08/2014 - 10:13 | 5302882 HardlyZero
HardlyZero's picture

Boorish !

Wed, 10/08/2014 - 10:21 | 5302913 Jahbulon
Jahbulon's picture

This guy is a complete tard.  On the idiot meter he is comparable to Biden. 

Wed, 10/08/2014 - 10:42 | 5302987 Yen Cross
Yen Cross's picture

     Gartman should have lived 2-300 years ago in Merry Olde England as a Royal court jester.

Wed, 10/08/2014 - 11:01 | 5303133 Richard Chesler
Richard Chesler's picture

Gartman and Obongo walk into a bar...

 

Wed, 10/08/2014 - 11:38 | 5303416 thamnosma
thamnosma's picture

What is the contrarian response to "neutral"?

Wed, 10/08/2014 - 11:47 | 5303487 slightlyskeptical
slightlyskeptical's picture

In this case bullish.

Wed, 10/08/2014 - 12:02 | 5303609 Hubbs
Hubbs's picture

Finally an admission that he doesn't really know what he is talking about. Neither a buyer or seller be.

Wed, 10/08/2014 - 12:10 | 5303650 vyeung
vyeung's picture

Gartman is a shill and total MORON! Whoever listens to him deserves to loose their shirt!

Wed, 10/08/2014 - 13:01 | 5303999 inbbyn
inbbyn's picture

Hey, don't be jealous. He's a good comedian, and he's making a lot of money from it. 

Wed, 10/08/2014 - 13:26 | 5304138 Rodders75
Rodders75's picture

Is Dennis "donkey" Gartman to equities what ZH is to gold?!?

Do NOT follow this link or you will be banned from the site!