10 min. of Fast money

I try and watch 10 minutes of fast money, so I can get their "overview" sentiment....


and they talked to Dennis Gartman... Talking down Warren Buffet.... but denying that he called him an idiot...

ok... I am not buffet.... but that man in an investor.... not a fucking shell gamer like the rest of us... Buffet will hang onto things he believes in the fundamentals of... for 30 years.....

and I could hear Gartman shitting in his boots..... "WHOLY SHIT!!!! THE THINGS I CAN DROP ON MY FOOT TRADE is rolling on me...... WHO KNEW IN A DEFLATIONARY ENVIRONMENT THAT WOULD HAPPEN!!!"

With The Gartman ETF... and My speculation that the "THINGS YOU DROP ON YOUR FOOT" trade... is going lower...... I don't think Gartman has 1 year left as a trader.... I think all his Newsletter Writing and Bullshit Trading is going to come to an end now that he can be tracked, with his little ETF... and with the huge Overhead cost on the nav there....Let me put it this way...

Short Gartman, long Berksire as a Pairs trade...

Either he will blow up or have some kind of breakdown... he is caught in some kind of huge Hubris at this point....

Terranova.... "depending on the fed, the dollar could be in a hole at the end of the week"

Ya... Keep wishing Buttercup!!

With all that being said.... there is a ton of bearishness... and I would say "Be Cautious"....

But this was a huge "Red Flag" to the market, and we will see some of the Slow money" puke them up over the next few days.....Some investors arn't as nimble as the "fast Money" or the Gartman/Barry's of the world.... They puked them up all day... and it's now time for the "Big Money to puke them up... and that may take some time....

so... I say more selling....

and Tony took Profits today... so as much as I think of him.... he usually is out of a good trade early.... Sorry.....

I want to look at retail.... and Need to do a post... but it may have to wait till morning.