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Friday Humor: Buy High, Sell Low

Tyler Durden's picture




 

Gartman does it again... In the words of one seasoned veteran exclaimed "I am speechless."

 

 

h/t @NorthmanTrader

 

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Fri, 07/24/2015 - 15:37 | 6350308 CalibratedConfidence
CalibratedConfidence's picture

jacks rule the realm 

Fri, 07/24/2015 - 15:44 | 6350332 CounterPartyVice
CounterPartyVice's picture

Please put all my money in the inverse gartman 3x ETF right now.

Fri, 07/24/2015 - 15:50 | 6350347 Bilderberg Member
Bilderberg Member's picture

Well it was 50/50...Bad guess?

Fri, 07/24/2015 - 16:21 | 6350487 gmrpeabody
gmrpeabody's picture

@CounterParty..., actually, that's an excellent idea...

Fri, 07/24/2015 - 16:49 | 6350583 Arthor Bearing
Arthor Bearing's picture

CNBC analysts are the propaganda arm of the financial army, they herd the muppets into awful trades so that the market masters can profit. It's not an accident or error, very delibrate. I can't prove that but if it walks like a duck...

Fri, 07/24/2015 - 17:18 | 6350683 toady
toady's picture

Back in the day when they split the T monopoly one of my co-workers went insane. "T is up today! Buy! Buy!" "Bell South is down today! Sell! Sell!"

He rode all his stock splits into the ground, buying high and selling low, all at $10 a trade, while sweating profusely and not doing a lick of work.

Fri, 07/24/2015 - 17:30 | 6350724 monad
monad's picture

They are carney hucksters. Step right up! 3 plays for a dollar...

Fri, 07/24/2015 - 18:22 | 6350963 armageddon addahere
armageddon addahere's picture

Life is a carnival......

https://www.youtube.com/watch?v=L0GSR2s9vmE

Believe it or not

Life is a carnival

Two bits a shot

Sat, 07/25/2015 - 20:22 | 6354400 monad
monad's picture

SHENANIGANS!

Fri, 07/24/2015 - 23:57 | 6351781 Vincent.Vega
Vincent.Vega's picture

> CNBC analysts are the propaganda

Precisely.

What are you going to do with armies of CFAs, MSc and PhDs in so called Economics (e-Cohen-omics), which is one big fraud, a framework of lies, used to put the rest of the world in debt? They are just a bunch of used up condoms, but ZOG doesn't care and keeps using them anyway.

No need to prove anything. From the technical analysis point of view, there is a loud and clear sell signal on July 20th for DIA and obviously DIA can't easily go through 181 anyway. But those ZOG figureheads will never accept TA at the academic level simply because it contradicts the "efficient market theory" (assumptions like constant volatility, certain types of distributions etc. would just limit one's models, but the whole fu*king economic theory is based on the assumption that "people are rational"), which "Chicago Boys" came up with and used as a tool to turn every country they touched into slums, playing the same game on the home land now, trying to shake the remaining pennies out of American goyim's pockets.

 

PS

Talking about Adam S[e]mith. BRIT is a "testament" in Hewbrew (hence, Great BRITain); "goog old England" is a myth and never existed, with obviously "biblical" names, such as Oliver and David, being the most popular boy names in London in the recent years, so make no mistake about Aadm "S[e]mith" either, just take a look at pictures of his house he lived in 250 years ago, how many on this planet can afford it even now: https://en.wikipedia.org/wiki/Adam_Smith -- and don't miss the Herod seal on his grave, also found on Japanese passport: http://www.biblemysteries.com/library/tribesjapan.htm -- not sure if the "natives" like Irish understood at the time that they were subject to extermination and that Gorta Mor was planned (later on extermination of American natives would start from killing 60 million buffalos).

 

 

 

Fri, 07/24/2015 - 16:50 | 6350587 realmoney2015
realmoney2015's picture

Everyone knows that saying, but almost nobody adheres to it. My friend, who has loads of student loan debt, took his tax return and got into the stock market. He said that the market is soaring and its perfect timing to get in.

Yeah, buy when its near an all-time high. Almost sounds like home prices only go up bs we heard 7 years ago.

Fri, 07/24/2015 - 17:25 | 6350706 Clockwork Orange
Clockwork Orange's picture

Gartman is a complete tool, but this is misleading ... chart of the Dow, the 'protracted bear' quote was about commodities ... although, he did indeed work his magical timing on them too judging by the hammer in Gold ...

http://www.cnbc.com/2015/07/22/i-see-makings-of-protracted-bear-market-g...

Fri, 07/24/2015 - 15:38 | 6350310 lehmen_sisters
lehmen_sisters's picture

lol. 

Fri, 07/24/2015 - 15:39 | 6350311 JustObserving
JustObserving's picture

No one has ever lost money underestimating the intelligence of the American people.  So we have more than our share of charlatans and liars.

Fri, 07/24/2015 - 16:20 | 6350486 poland spring
poland spring's picture

HL Mencken quote

Fri, 07/24/2015 - 15:38 | 6350312 KnuckleDragger-X
KnuckleDragger-X's picture

If nothing else, Gartman provides comic relief......

Fri, 07/24/2015 - 15:39 | 6350316 Dr. Engali
Dr. Engali's picture

Fartman doesn't need a jester cap, he needs a retard helmet.

Fri, 07/24/2015 - 15:40 | 6350320 City_Of_Champyinz
City_Of_Champyinz's picture

I believe that he could pull off the roman helmet look, and would like it...

Fri, 07/24/2015 - 15:44 | 6350330 Winston Churchill
Winston Churchill's picture

He thinks the big D on his hat is for dinero.

Fri, 07/24/2015 - 16:19 | 6350481 Tom Servo
Tom Servo's picture

Maybe he'll accidentally be right once?!  LOL

 

Fri, 07/24/2015 - 15:48 | 6350336 monad
monad's picture

He needs a safety helmet. Oops! Too late.

Fri, 07/24/2015 - 15:41 | 6350321 stant
stant's picture

South Park investing

Fri, 07/24/2015 - 15:50 | 6350349 Chuck Knoblauch
Chuck Knoblauch's picture

Keep buying on the lows.

Yellen wont raise rates.

Fri, 07/24/2015 - 15:55 | 6350370 aliki
aliki's picture

im not trying to be a dick here but i seriously can't even begin to understand what this guys position is. he came out on monday saying you have to be a fool to short stocks and then 2 days later he said that he sees all the hall-markings of a prolonged bear market? if you think a prolonged bear market is on the horizon, wouldn't you want to get as short as you could?

i also remember he said that oil was going to $15 and then a few days later he said it put in a base at the $50 level, heading towards $70. now that its rolling-over, whats his prognosis?

the only more insane thing is that CNBC keeps putting this guy on. do they not think their viewers are picking up on his claim, counter-claim, triple-dog-dare-counter-claim? do they drug test gartman before putting him on air? if not, they might wanna consider it. its fucking embarrassing.

Fri, 07/24/2015 - 15:59 | 6350404 FreeMoney
FreeMoney's picture

CNBC is just counting on the knat like memory of their viewership to follow asshats like this as their bankster ownership directs them to.

Fri, 07/24/2015 - 16:23 | 6350500 gmrpeabody
gmrpeabody's picture

Gartman's got a kid that's dating a CNBC big shot..., or something like that.

Fri, 07/24/2015 - 16:08 | 6350431 no1ninja
no1ninja's picture

I think its already been demonstrated that these pundits do the opposite of what they preech. 

 

If you are relying on CNBC for market advice, you are too late to the party. 

Fri, 07/24/2015 - 17:00 | 6350612 monad
monad's picture

His position is on television. As far as he's concerned thats all there is to it. Nothing he says matters. He's an engram seed. The television is a brainwashing machine that programs viewers by imprinting onto their nervous systems the ideals, information and goals of Command and Control, the approved consensus reality. Repetition reinforces the conditioning. Television is the nanny, the babysitter, the priest herding the sheep to do what the schemers wish, which includes wholly supporting the cost of this vast apparatus.

When you consider CNBC in this context, it is one of many corporate memes, served up on this time stealing, dynamic brain entrainment machine. If you watch too much you'll think the world is like the corporate meme. It makes you easy to control, to steer. If you don't look at it at all, you might be able to think "outside the box". Dangerous to the status quo.

The device doesn't work well on people who are acting to attain their own dreams. People already capable of independent thought. Their dreams may already be corrupted by previous exposure to television, or the other mechanisms of social control: academic, religious and military indoctrination, and generational transfer of values. Exciting experiences can also make your nervous system reject the signal.

Fri, 07/24/2015 - 15:57 | 6350394 Yen Cross
Yen Cross's picture

    It's so easy even a Gartman can do it.... lol

Fri, 07/24/2015 - 16:15 | 6350467 Sages wife
Sages wife's picture

Historically, a jokers value is not in his wit and sycophancy, but in his expendability.

Fri, 07/24/2015 - 16:24 | 6350509 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

True -- but not Hop-Frog.

https://en.wikipedia.org/wiki/Hop-Frog

Fri, 07/24/2015 - 16:21 | 6350491 jonytk
jonytk's picture

Remember this each time one of the guys on TV shouts: "Euro to parity soon".

Fri, 07/24/2015 - 16:44 | 6350568 ponzilla
ponzilla's picture

Church parking lot, Park Bench, Front Porch, Rigged Market:

All Public Places where I have questioned... "Your Going Down on Me" ?

Fri, 07/24/2015 - 18:55 | 6351038 Itch
Itch's picture

Seasoned veteran, um,  season him with salt and pepper and put him on a spit.

Fri, 07/24/2015 - 22:34 | 6351634 GRDguy
GRDguy's picture

A whale only gets harpooned when it spouts.

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