By Tim Knight
[biiwii comment: How on earth may I ask did Gartman attain such stature? Secret pics of CNBC execs having group relations with farm animals maybe? The authority given him, per his disastrous/profitable calls ratio, implies he’s got some sort of secret sauce because they just keep going back to his authoritativeness]
I saw this article this morning, and this bit really irked me:
It isn’t the fact he’s been stone cold wrong. Hell, I’ve been wrong countless times. But I don’t make a point of claiming I had a position that I didn’t really have. (To say nothing of trying to deflect one’s foibles by attempting to positively associate oneself with “Lord John Maynard Keynes” whom, incidentally, was a pretty dreadful trader too).
Anyway, what’s stated above is “We had been, on balance and really quite openly, bearish of crude for the past several years, erring always to sell crude’s rallies rather than to buy crude’s weakness’.
This took only 12 seconds of research on my part…….