The Nazdaq is broken. Also the Dow.
He is shorting major indices, long on gold, long on corn, soybeans. Global bear market just beginning.
Dennis Gartman says...
Started by
nimblebear
, Mar 06 2007 09:11 PM
8 replies to this topic
#1
nimblebear
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Welcome to the Dark Side !
Posted 06 March 2007 - 09:11 PM
OTIS.
#3
Rich
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#4
da_cheif
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#5
hiker
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independent trader
Posted 06 March 2007 - 11:10 PM
NDX is broken if it makes a sustained move below 1736...let's see what happens when the short covering fuel is worked out of the system, and it resets -
http://stockcharts.c...allery.html?NDX
too early to tell, when considering price action alone
for now, I am betting on the shorts winning the game and taking control of NDX ...if that is going to occur, now would seem logical...I am considering price only, nothing else with this thought
http://stockcharts.c...allery.html?NDX
too early to tell, when considering price action alone
for now, I am betting on the shorts winning the game and taking control of NDX ...if that is going to occur, now would seem logical...I am considering price only, nothing else with this thought
#6
Russ
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Posted 06 March 2007 - 11:10 PM
Early 
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#7
Tor
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Posted 07 March 2007 - 03:28 AM
I believe Dennis closed half his long in gold on its failure to break out from recent highs. He now supports a gold/oil pair.
Observer
The future is 90% present and 10% vision.
The future is 90% present and 10% vision.
#8
spoo tooth
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Posted 07 March 2007 - 05:08 AM
He also said he took some SnP shorts off today.
and
If that Big gap from island reversal gap is closed
he goes into rethink mode.
#9
traderpaul
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Posted 07 March 2007 - 02:15 PM
Who is Denis Gartman?
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
