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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).
There’s an interesting piece this morning in ZeroHedge about famed CNBC commentator Gartman and the fact that, after two months, he’s finally gone bullish on oil. I wanted to mark the points where the man said oil would not reach $44 again in his lifetime (green tint) and his declaration today (magenta tint) that he changed, just like “Lord Keynes” (which, I suppose, is supposed to make one look less daft, since Keynes was a Lord and all). Anyway, particularly with the weekly inventory report looming this morning, here’s the channel:
