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Gartman Covers His Treasury Shorts
Yesterday, when we commented on the latest whiplash of yet another record batch of Treasury short we had one simple comment:
TSY shorts pic.twitter.com/qsRfD8XdbG
— zerohedge (@zerohedge) June 29, 2015
And, sure enough, here comes the most whiplashish crash test dummy of them all:
Monday, June 22nd… we sold the long end of the US bond market and recommended doing so either by selling the bond future and buying the Ten year note… the bearish spread in the bond market… or by selling the Ten year note future alone. We’ll use the Ten year as our guide and we had every opportunity to sell it at or near to 126 ¼.
However, because of the flight to safety, the long end if flying to the upside and it is wisest to head to the sidelines and we can do so with a small profit taken. We’ll do so… immediately.
To be followed, logically, moments ago by:
- UST 10Y YIELD PARES DROP, TOUCHES SESSION HIGH 2.382%
Because the humor must go on.
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How does this man fail so badly, so publically at his job and still have it unless that IS his job?
Gartman dumping his bond shorts???
Oh, Great, now I gotta dump my bond funds, here comes the crash...
Is it me, or does the Deer in Headlights photo look like the Gartman Photo, same photoshoot maybe?
A couple months back when the 10yr got down under 1.65% briefly, I made a steak dinner bet that the 10yr would touch or go below 1.50% by Sept 1st. Fucking Bernyellen ... #dontfightthefed
Hang in there, you might eat free steak.
When confronted with a jester it is important to remember that it matters very little if you like him or not. The jester is there to entertain only one person, the regent.
Blankfein must think this guy is fucking hilarious.
Because in a sane and logical world, people would be lining up with nail guns in the hope of delivering the kill shot.
Unfortunately we no longer live in a sane world.
Oh he's scared.
This guy is fucking retarded. What part about Japan does he not get?
yup. the shitstorm will be the internet.
He must be a paid givernment actor. It's the only explanation I can come up with.
I will tell you this:
when you put one of those fake wood formaldehyde floating floors into your trailer home, you are just asking for trouble!
Four flusher?
Floor Huffer?
In my continuous effort to be absolutely contrarian to this dyed-in-the-wool shill, I have added to my treasury shorts, specifically the 10-yr (C'mon 3%!).
Dennis "Greece is fixed" Gartman?
UMMEDIATLY
Whacked out. The guy does drugs. Only explanation.
Dude works for ISIS and John McCain
This guy is hilarious.
This clown is always wrong. Why was he short?
Fartman....LOL.....idiot
Lookout Beloooooooooowwwwwww!!!!!!