Does anybody know anyting about Gartman's record? He seems like another follow-the-crowd type to me, but I could be wrong.
I heard him in an extended interview on Bloomberg a couple of weeks ago saying since "things that hurt when they drop on your foot" were going down in price every day, that he would not be a buyer. Now that they've had a bit of an uptick, he comes on tonight and is a buyer.
X isn't very good. I would rather own tech such as goog, aapl, rimm. There commodity stocks tend to selloff 7-15% in a single day for no reason at all.