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Gartman Unfazed By Suggestion He "Should Go Have Sexual Relations With" Himself

Tyler Durden's picture




 

Did Gartmant just jinx yesterday's selloff? You decide, from his morning note:

Finally, this is the time for retaining what liquidity we can muster; this is not a time for courage. Get smaller; get liquid and get safe. Things turned ugly yesterday and today we fear is but a brief respite.

And then there is this, following Gartman's latest 24 hour "bullish oil" flip flop on oil:

In retrospect we should have been slower in turning from an overtly bearish posture on crude oil to one that was bullish, and even more properly we probably should have put our bullish posture into effect using options rather than a direct futures position. We shall consider that in the future. Certainly it would have been less “harmful.”

 

Having been bearish of crude oil for a very long while, it is time no longer to be bearish, but perhaps we were indeed a bit too early in turning bullish. Better, in hindsight, it would have been to have been on the sidelines following Friday’s weakness in the capital markets,  knowing that Monday would be a disaster. Lessons are always being learned.

 

But others took us to task a great deal more disconcertingly, calling upon us to close our business; to take up another vocation; to stop making “calls” and as one “pundit” rather comically suggested we should go have sexual relations with our self. But we know of no other perspective to take but to admit our mistakes when they happen, even if they are created by outside, short term agencies over which we have no control and which develop out of the thinnest of short term air. We have no choice but to live to fight another day and the chaos of yesterday forced that down hard upon us.

But why on earth should Gartman close business? He provides what are arguably the best market calls in history - as long as one does the opposite, of course - plus he is funny.

 

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Tue, 08/25/2015 - 08:14 | 6467881 Infinite QE
Infinite QE's picture

Someone needs to do an animated Clutch Cargo version of Gartman and have it on CNBC. THEN I may consider watching.

Tue, 08/25/2015 - 08:15 | 6467885 Maplehood
Maplehood's picture

The worst thing that can happen in the markets right now is a big rally

http://www.goldsqueeze.com/analysis/the-worst-thing-that-can-happen-in-t...

Tue, 08/25/2015 - 08:25 | 6467915 NoDebt
NoDebt's picture

He's still no Tom Stolper.  That guy was so consistently wrong I think his batting average was literally zero.  His awesome contrarian performances gave rise to the term "Stolpered out."

Now, if we start hearing the term "Gartmaned out" on a regular basis I might reevaluate my position on this matter.

For now, I am merely pleasantly short three units of Dennis Gartman in USD terms.

Tue, 08/25/2015 - 08:29 | 6467935 JungleCat
JungleCat's picture

Let´s award the "Order of the Gartman". Tho those who "have served the Sovereign personally".

See http://www.royal.gov.uk/monarchUK/honours/Orderofthegarter/orderofthegar...

Tue, 08/25/2015 - 08:31 | 6467944 Headbanger
Headbanger's picture

CLUTCH CARGO!!?

Holy shit is that a blast from the past dude.

What was the other one like that?

Space Angel?

Tue, 08/25/2015 - 08:54 | 6468022 JRobby
JRobby's picture

Gartman is just a visible tool in a kingdom of devoted tools.

Proceed accordingly.

Tue, 08/25/2015 - 14:00 | 6469145 mkkby
mkkby's picture

Gartman should trade opposite of his calls.  If every impulse you have is wrong, then the opposite must be right...  George Costanza.

Tue, 08/25/2015 - 08:16 | 6467890 VinceFostersGhost
VinceFostersGhost's picture

 

 

Does he even know how to do that?

Tue, 08/25/2015 - 09:07 | 6468035 Normalcy Bias
Normalcy Bias's picture

He may have tried several times but couldn't figure it out, which is why he found the suggestion 'comic.'

Tue, 08/25/2015 - 08:16 | 6467891 AlaricBalth
AlaricBalth's picture

Mr. Gartman. Please go f..k yourself.
Stupid lightweight, who can't take an ad hominem pasting.

Tue, 08/25/2015 - 08:19 | 6467896 BandGap
BandGap's picture

Clutch Cargo and his pal Spinner, very appropriate.

Who plays Spinner.

Tue, 08/25/2015 - 08:48 | 6468001 Infinite QE
Infinite QE's picture

Kernan.

Tue, 08/25/2015 - 09:24 | 6468121 Grinder74
Grinder74's picture

Who is this guy and why is he always featured on ZH?

Tue, 08/25/2015 - 14:01 | 6469148 mkkby
mkkby's picture

comic relief

Tue, 08/25/2015 - 08:15 | 6467886 Richard Chesler
Richard Chesler's picture

What a douche...

 

Tue, 08/25/2015 - 08:15 | 6467887 This is it
This is it's picture

He's got that face to do just that.

Tue, 08/25/2015 - 08:18 | 6467895 pemdas
pemdas's picture

When he speaks is that the royal "We"?

Tue, 08/25/2015 - 08:40 | 6467986 PleasedToMeatYou
PleasedToMeatYou's picture

...the Royal Wee, into the wind. 

Tue, 08/25/2015 - 09:10 | 6468074 csmith
csmith's picture

My name is Adam Weee...

https://www.youtube.com/watch?v=9a51RghZvYk

 

Tue, 08/25/2015 - 08:19 | 6467902 redman38
redman38's picture

Priceless that was hilarious

Tue, 08/25/2015 - 08:21 | 6467906 THE 4th Quadrant
THE 4th Quadrant's picture

Let's take a minute to reflect on the success rate of the calls made on ZH.

Yea, exactly.

Tue, 08/25/2015 - 08:39 | 6467981 Kaervek
Kaervek's picture

There's a difference between reporting news with a contrarian perspective and being paid as a TV pundit but knowingly delivering nothing but propaganda and misinformation.

There's just no comparison here, not even close.

Tue, 08/25/2015 - 08:20 | 6467907 wissen dass scheiBe
wissen dass scheiBe's picture

Gartman is most definitely not "ha-ha" funny.....

Tue, 08/25/2015 - 08:25 | 6467924 F0ster
F0ster's picture

Gartman is haha funny in an 'angry cat' sort of way. Anyway all that aside he is certainly a national treasure.

Tue, 08/25/2015 - 10:07 | 6468282 GMadScientist
GMadScientist's picture

Gartman choking to death on Caitlyn's dick, on the other hand...

Tue, 08/25/2015 - 08:21 | 6467909 gdiamond22
gdiamond22's picture

Gartman is Cousin Eddie from xmas vacation...only difference is Eddie is smarter

Tue, 08/25/2015 - 08:21 | 6467910 Chuck Knoblauch
Chuck Knoblauch's picture

I'd listen to Bill Gross instead of Gartman.

Bond traders are more long term in their thinking.

Tue, 08/25/2015 - 08:24 | 6467912 JimmyRainbow
JimmyRainbow's picture

bearded men are called "face-pussies" in proletarian parts of germany.

there is a reason for that wording.

Tue, 08/25/2015 - 08:25 | 6467925 Roanman
Roanman's picture

He should go full Costanza.

 

Tue, 08/25/2015 - 08:59 | 6468037 J Jason Djfmam
J Jason Djfmam's picture

" I just got out of the pool!"

"It was cold!"

Tue, 08/25/2015 - 08:31 | 6467948 FreeNewEnergy
FreeNewEnergy's picture

Why would anyone suggest that Gartman take up another vocation?

He's already a perfect douche bag.

Dont change, Dennis, we loathe you just the way you are.

(h/t Billy Joel)

Tue, 08/25/2015 - 08:32 | 6467950 TongueStun
TongueStun's picture

There will be a rally. Too many sheeple short not to be sheared.....rinse and repeat

Tue, 08/25/2015 - 08:39 | 6467971 Rhal
Rhal's picture

Financial advisors like him are not there to make the people wealthy. They are there to influence the maket to help others get wealthy. Just like the "financial advisors" at my bank.

 

Tue, 08/25/2015 - 09:05 | 6468061 PhoenixOQT
PhoenixOQT's picture

absolutely classic.  spot on.

Tue, 08/25/2015 - 09:19 | 6468091 Son of Captain Nemo
Son of Captain Nemo's picture

You know you have to start asking why Gartman even deserves time here?... He averages only at most 30 to 40 comment(s) on ZH

Then you understand the level of respect the man gets with suggestions and statements by the press like this one!

Somebody needs to coin him as the "Rodney Dangerfield" to his profession!!!

Tue, 08/25/2015 - 09:20 | 6468107 smoke em if you...
smoke em if you got em's picture

It appears, in retrospective hindsight, and to our detriment we dillied when we should hve dallied......forthwith we shall be long of mumbo and short of jumbo.

Tue, 08/25/2015 - 09:28 | 6468132 exartizo
exartizo's picture

Dear Mr. Gartman:

go fuck yourself

A ZH Pundit

Tue, 08/25/2015 - 09:41 | 6468181 riskarb
Tue, 08/25/2015 - 09:52 | 6468224 Downtoolong
Downtoolong's picture

Sadly, the only time they don't fuck up is the times they do try hardest to fuck themselves.  

Tue, 08/25/2015 - 10:02 | 6468267 wcvarones
wcvarones's picture

So who's the pundit who said that?

Tue, 08/25/2015 - 10:25 | 6468349 farmboy
farmboy's picture

He is in fact a genius.

When you’re one step ahead of the crowd you’re a genius. When you’re two steps ahead, you’re a crackpot.
–Rabbi Shlomo Riskin

Tue, 08/25/2015 - 10:27 | 6468359 Backtable
Backtable's picture

When it comes to progniostication, Gartman is the Ralph Nader of Love. The harder he tries, the worse he makes it.

Tue, 08/25/2015 - 15:47 | 6469534 Magooo
Magooo's picture

Can someone create a Gartman Index....   aka the Idiot Index

Tue, 08/25/2015 - 17:08 | 6470098 nagan
nagan's picture

To be fair to Gartman he did call the market correction a week ago.

"One by one the markets are turning downward through important moving averages signaling that the present downturn is more than a mere bout of profit taking."

".........this time the market appears staggered; it is not dusting itself off, and rather than leaping to its feet to begin the fight anew it is staggering to one knee, bloodied and exhausted and looking for the referee to stop the fight.this time the market appears staggered; it is not dusting itself off, and rather than leaping to its feet to begin the fight anew it is staggering to one knee, bloodied and exhausted and looking for the referee to stop the fight."

 

http://dennisgartman.blogspot.com/2015/08/possibility-of-bear-market-has...

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