Wednesday, October 08, 2014

Dennis Gartman. Stock Tout.

Individuals who are paid to tout their newsletters across media platforms are extremely dangerous to your financial health.

This guy is one of the worst.

Check out his rear-view mirror analysis.


Today: "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."

2 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."

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