Gartman Capitulates On Shorts: “We Have Had Quite Enough; We Want Out Now”
by Tyler Durden
ZeroHedge.com
Jul 11, 2016
As noted here Wednesday, June 29th we had orders in the equity futures markets to sell the S&P at 2045; to sell the EURO STOXX 50 at 2837 and to sell the Nikkei at 15,800…two thirds of a unit for each so that we’ll be short of two units in total now that all are filled. As of this morning, the S&P is 2127 (-4.0% against us)… We have had quite enough; we want out now… losing 1.6% on average. Cover these positions immediately… or sooner.
The Rest…HERE
