The Traderszone Network

Published in TZ Latest News 23 August, 2015 by The TZ Newswire Staff

Crude Snaps Below $40 : Gartman Stopped Out Of Oil Long

It was inevitable.

As we reported first on Friday, the best contrarian indicator the market has ever known, perhaps even better than the legendary FX titan, Tom Stolper, Dennis Gartman recommended clients invest their monopoly money alongside his, in a short gold, long crude trade: one which has lost about 5%on both legs in 24 hours. To wit:

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