Gartman Makes "Watershed" Call: "Equity Markets Have Hit A Multi-Year Top"

[Scataphagos]

https://www.zerohedge.com/news/2018...d-call-equity-markets-have-hit-multi-year-top

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I don't believe he's correct.

My view is this recent turmoil is all/part of a "4th wave of the 5th wave up" from 2016 low. There are 2 most likely alternatives as to "which 4th" it is.... we'll know that in the fullness of time. In either case, I'm looking for higher highs all around and perhaps LOTS higher.

In any event... "Price TA", and K.I.S.S., as always.... with stop discipline

FWIW....

 

[SteveH]

Didn't this same guy, when oil was in the 20's, say we'd never see $60 a barrel again in our lifetimes?

 

[Error Correction Funder]

ZH loves to track his calls. He's been a perfect contrarian indicator since 2017 at least.

This almost makes me question my crash expectation.

 

[Scataphagos]

Didn't this same guy, when oil was in the 20's, say we'd never see $60 a barrel again in our lifetimes?

He's had a recent string of calls that have been consistently wrong. At least he exercises stops as he should, so being wrong hasn't cost him much. (A lesson for all traders.)

 

[ktm]

"It's tough to make predictions, especially about the future".

Yogi Berra

 

[Scataphagos]

"It's tough to make predictions, especially about the future".

Yogi Berra

One of my favorite Yogi-isms.... "I never said half the things I said".

 

[S2007S]

Ohhh man why did he open his mouth....any time this guy talks the total opposite happens....

 

[southall]

Ohhh man why did he open his mouth....any time this guy talks the total opposite happens....

haha, your own words could easily be said about you

 

[beefcaketrade]

Gartman keeps trolling the put buyers.

 

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Gartman has a good name which is enought to move the markets.



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