Gartman says materials bull is over for a few years.....
True? or a sign of Fear? impending bottom in those sectors?
Here is a link
Wednesday, August 6, 2008
Gartman Materials
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2008
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August
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- check this out
- As much an idiot as I am.
- Two “chupacabras” shot, killed in DeWitt County
- 116.32 in electronic trading
- I still love......
- gustav
- My crazy weekend rant.-Shaving, and the US Open
- I saw this, This guy is a good read for amature Me...
- gustav goes cat 4
- Ok, so this the optimistic model
- Well
- In the down tape, I'm curious what was strongest
- This is the wave pattern I have in mind.
- since I'm fadeing the huricane.....LOL
- My trolling
- The screen
- How about some questions
- 4 days of the spy
- well, Will we build a base? or leg lower?
- someone is trying to fight the tape
- No joy
- because aparently fridays are lesson days
- we may have a higher low
- there is a little weakness in JCP
- possible wedge on the xlf
- amazing that oil can't hold a bid on the hurricane
- so the trendline and the 200dma is at 40-40.50
- the rally
- I thought we were going to pull back
- jcp short
- this could be the reversal
- After the obama bounces
- I think I'm a little political cranky today
- cnbc
- Many times
- Maybe this is the costanza idea
- I think
- I'm not sure
- could be more in this day
- possibly developing that bottom tick
- qqqq retest of the lows
- here is something strange
- xlf is looking healthy.... but could be developing...
- some resistance
- some bounce
- We have a weakening trend...
- xlf vs the qid
- Good stuff
- we are playing with some upside resistance.
- xlf
- qid. and the spy
- We seem like we are just working through 129.50 re...
- Psycological stop off the QQQQ's
- xlf vs the spy
- the qqq's
- That was a possible wave 4, and now we are in wave...
- Honestly
- Well good luck everyone
- hmmm How if we asume sideways
- So
- as teh 8:30 bomb is about to go off
- futures
- What is realy bad
- Well, it seems like I can't sleep
- As I sit here getting ready for bed
- JCP as a short.
- So, I went through the screen
- Lets Look at some charts
- Well
- here is what also gets me
- this is one of those times I hate my blog....
- Cramer is on TV
- so.....
- post market qqqq
- Naz in post market
- 2 of 3 ....... and it's not a solid break, and the...
- this isn't the worst declining top
- here are the trends
- I''m getting that
- I''m getting that
- so much for a small bounce
- More of my shaking my contrary costanza indicator
- back to resistance
- I know it's crazy
- I know I've said it 50 times today... but this cou...
- My point about the big picture quiet
- don't know what to tell anyone
- this move in the indexes
- dip buy attempt on the xlf
- Baby Head and Shoulders on the XLF
- even WFC can't get a bid.(yet)
- If you think the spy is scarry?
- Let's play pretend again...
- The xlf
- 2 days on the spy
- Want a contrary indicator
- well this is starting to fade..
- Deveoloping dome top on the xlf
- If we can get a correction
- ok I'm short, but I want out fast..... if we turn
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August
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12 comments:
Did he explain it why he thinks it's over?
I added a link to it.... in the above post
basically he said when people are buying the 2014 contract... that is when it ends.
Good morning BTW
Sorry, I missed the link (maybe just blind from panic, I have a lot of work and going cross-eyed from trying to watch my trades).
Good day to you, sir :)
Gartman is like the only PM bull that has totally changed his story. Everyone else seems to be sticking with it.
I added the link after you asked, and I wanted to see it again.
I just looked at TSO and VLO, They look like they are believing oil is going lower.
Isn't "curse of the fly" an old horror movie
It's the curse of the iBC :) I think he was better while at Blogspot.
Curse of the Fly, 1965
LOOOL
Worst part is that he has realized that he is "Costanza" and now can't be reliably used as an indicator.
As we know, 'admitting you have a problem is the first step in fixing it'. Maybe it's all the pressure of being so popular...
I like Theresa Lo's daily trade idea list. It works!
Are you affiliated with her in some way?
Just madly In love..... I keep swearing I'll do my own personal screen of her screen every morning.
I saw some of her stuff, and was just "THAT IS EXACTLY IT." Exactly how I see it. But with all the Market noise, I never took much time with it. Then Took some time a few weekends ago to look more in depth.
It also solidified some of my trading themes... Like... Just keep it simple. For the most part these days I draw one trend line, and Either it breaks or does not...
As well as how sentiment works.. You have to watch out, cause she talks her emotions, and you have to realize that in trading we have to work counter to our emotions.
That's the phase I'm going through right now: wow! right on, but don't have time to read more.
I got 5 hrs of sleep in the past 40 hours, must.... leave...
Goodnight!
night.... Take the time...
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