Dennis Gartman Does It Again: “We Are Going Back To Being “Pleasantly” Long “

zerohedge.com / by Tyler Durden /

It has become clear that no price is too small to subsribe to Gartman’s newsletter and always, always, do the opposite.

From his July 10th letter to “clients”

SHARE PRICES AROUND THE WORLD HAVE MOVED HIGHER
following the release yesterday afternoon of the latest minutes from the FOMC which make it very clear that the Fed’s propensity to tighten monetary policy in the near future is near zero. We may have thought that the market was over-bought and due for a correction, but we are going back to being “pleasantly” long rather than market neutral for the Fed’s wind is at our back.

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