iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

TIME TO SHORT OIL?

101692833-20140521-7894-635.1910x1000WEDNESDAY, OCTOBER 7th: “THIS IS THE MOST BULLISH I’VE BEEN ON CRUDE”

http://video.cnbc.com/gallery/?video=3000429642

TUESDAY, NOVEMBER 17th: “WHY OIL CAN ONLY GO LOWER FROM HERE”

http://video.cnbc.com/gallery/?video=3000454278

2015-11-20_8-48-58

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25 comments

  1. lplongo

    Don’t tell me that, I was just about add more to my UWTI.

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    • bchu

      I think OAs time was meant in sarcasm right? The Gartman effect typically has an opposite relationship.

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  2. Quality Control Inferno
    Quality Control Inferno

    Gartman continues to amaze. Either way a fast move is nigh. R/R for Bulls is getting very interesting.

    Meanwhile, a lot of bears are pointing to the OPEX pattern we’ve had this year where it marks a short term high, give or take a day or two. Surely this means we continue higher into Turkey day.

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  3. Hawaiifive0

    Thanksgiving rally starting already?

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  4. k_melancon

    Are we entering OPEX before major holiday grind?

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  5. Marc David

    True fun will start when shorts pile of to Square and run it to $0.

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  6. ammy hour

    Any thoughts on LC?

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  7. tsmalley15

    Ol Garts. I’ve heard him speak in NYC several times and always gives a good presentation and sound smart, but then…

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  8. k_melancon

    Chat dead…I think the week wore everyone out…that or the tape is being a pain. Only have one trade on – some AAPL 119 puts for a yolo.

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  9. seaturtle

    Dennis “Constanza” Gartman. Always wanted to be an architect. Now this.

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  10. jon v

    When it goes down, remember that he was only short in Yen terms.

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  11. iommi

    What do you think of $ZIOP here?

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  12. Thomas Jefferson

    Grandpa, please tell us you’re still long $SRPT!

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  13. Thomas Jefferson

    My current shopping list: $MU a bit lower (although I quite like $RUBI as well), and I’ve always wanted a piece of $MBLY, but trying to be patient (which is of course blatantly stealing from OA).

    For longer term: $FIG, $NMR, $AMBA, and I have an add to put on a $TSLA position, so if it creeps back to about $205-210 I think that’s my spot.

    I was close to taking a sizeable position in $NMBL about 3 weeks ago, but tried to do some reading on the company and realized, “I have no idea whatsoever what this company does.” My next thought was of course, “What would Warren do?” and I moved on, thank heaven.

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  14. Panda Bear

    OA – ginormous thanks on the $AMBA tip. Cashed out of my options this morning (Dec). Was down quite a bit earlier this week and needed this win.

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  15. nocturne

    On the road, checking in. Still flat oil.

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  16. pyromonoxide

    Yup, give me that oil rally bitches. And hey, GOGO creeping up, yes. Been in since 15 when you called it out. Some tough holds lately but many are working.

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  17. traderconfessions

    I never trade oil. Maybe I’m just too dumb to understand how to trade something that’s inscrutable. Good luck to those who do.

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  18. gatorsun

    jeff wont brag,,,but $yelp 700% plus…hat tip boss

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  19. Bagholder

    Is gold , fake a move to make a move yet? Or is too obvious, therefore pain is still down first…?

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