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Did Gartman Just Halt The Rally?
After two days of calling for a bear market with the market ripping at his "retirement portfolio" as prorfiled on Tuesday in "Why The Market Is Poised For A Rebound: Gartman Says "Bear Market" Will Take S&P To 1420-1550" where he said:
There are still many who deny that this is a bear market, but it is that and we fear that it has a good distance to the downside yet to travel. Merely to get to “The Box” shall take the S&P to 1420-1550! Rallies are to be sold; weakness is not to be bought.
... and again yesterday as explained in "Stocks Explode Higher As Gartman Doubles Down On Bear Market Call"
Essentially repeating what we said here yesterday, there are still many who deny that this is a bear market, we fear that it has a good distance to the downside yet to travel. Merely to get to “The Box” shall take the S&P to 1420? 1550! Rallies are to be sold
... the same day the S&P recorded its 8th best rally in 2015, everyone's favorite newsletter writer may have just topped the latest dead-cat bounce. From his overnight letter:
the fact that our International Index has rallied 2% from its lows and now has rallied for two days in a row has our interest and does give us reason to pause in our bearish perspective.
So, if the 10 Year breaks below 2% today and stocks resume their slide, thank Dennis.
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Yea!
This man's last name should be Schizo, not Gartman
Gartman is the Dave Chappelle of CNBS
It's pretty stunning how dead wrong he his on an hourly basis. Everyday is opposite day in the world of Gartman.
Gartman to hooker: "in consideration of smoothness and silky texture of your skin, coupled with the unyielding and steady suction displayed by your buccofacial muscles, along with the 3 grams of semen you drew from my testicles, I must conclude that the $5 I am about to part with is of par value"
He's a hologram.
Suprised he has any money in his "retirement account" left. Unless of course he is fading himself.
Thank you. My trades for the day are now locked in.
has rallied for two days in a row
Be careful, two consecutive days are the new trading trend.
Volatility is a bitch. Reduce your trade size!
Even without Gartman, the Negative Reversal shows 1850 and 1830 as price Targets, based on the 4h chart S&P500 futures and RSI.
www.TripsTrading.com
Dennis Gartman is long the S&P in Martian terms, and short the Nasdaq in Pluto terms, and net crazy talk and marginally retarded!
Gartman was margin called a long time ago.
Just shut up. Shut. Up.
Stop writing. Put away the tablet. Go for a walk.
Just stop.
Selling my TNA and now buying TZA. This guy is the best newsletter to subscribe to.
This guy is like a fart in a wind storm
Shartman
You had me at "fart" (the wind storm was superfluous)
this guy makes day traders look like long-term investors
I think the best strategy is to only tune in to this guy's advice every other day so you are always on the right side of his trade advice. On odd days you are of course off sides as he has flip flopped.
haha this guy is awesome. I have never seen anyone constantly flip flop like he does. That people apparently pay him for this is even more comical than he is.
This guy's real name must be Cartman. He's fat, he's stupid, and he's a badly drawn character.
I was really sad to see Stolper go, but Gartman, he's my new hero...better than rigged slot machine or fixed horse race.
Gartman is amazing! Managers and technicians are supposed to be ahead of the market turns not behind them! He is a total reactionary!
What are we being distracted from now?
HFT should hire Gartman in their defense. He may be a carbon based life form that actually can chase trends faster than they do.
At least he was right with his Oil call.
If the 10 year notes beaks 2...we are in for a stormy Q4 and the next level of support for equities will get crushed.
Awesome Fartman, just as predicted. You are solid $$$ my man !
The man is gold.
I am short the market and long commodities. Gartman is like free money. Woohoo!
Do you know where Gartman lives? Waffle House.
Gartman must LOOOOOOOOOOVEZ ZeroHedge.
Last 3 Gartman calls were exactly wrong, but he's claiming his fund is up 2%?
It's up 1,000,000% in bullshit terms!
oh, so that's what destroyed the DAX.. thanks, Gartman!
The guy is uncanny.
What a difference a day makes -- whatever happened yesterday was good for 500 S&P pts.
Someone said it here last week...."A national treasure". What a classic. Does anyone still pay him?
That Gartman photo just keeps on giving, just like the Blankfein photo.
He's the Baghdad Bob of market forcasting.
This guy is sickening, how can one be bearish one day and bullish the other day.
Even a blind squirrel will find a nut once in a while - except for Gartman.
im starting to feel bad for him. do you think he knows that people think hes full f shit?
This is just getting weird now.
When is this guy gonna start wrighting for the NY times?
Is is possible the King of Whipsaw is playing us?
I look at the beedy eyed little weasel and think to myself, "Why does this guy make me think of Bobby Riggs?"
http://the-tennis-freaks.com/tag/bobby-riggs/
http://www.zerohedge.com/news/2014-07-10/amazing-gartman-does-it-again-w...“pleasantly”-long