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FEB 21, 2013 - Business Insider

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GARTMAN: We Are Exiting All Bullish Positions And We're Rushing To The Sidelines (SPY, DIA)

Stocks tumbled yesterday after the FOMC minutes showed that many Fed officials wanted to reduce or end QE sooner than expected.  The Dow tumbled 108 points, and today stocks and commodities are down again. In his latest "Gartman Letter," Dennis Gartman writes that he has made "material changes to [his] position across the board" because of the shift in "tectonic plates" in "all of the capital markets yesterday". Here are some excerpts: "When tectonic plates in the earth’s crust shift earthquakes happen and when the tectonic plants shift beneath our feet in the capital markets ... Read More

Tags: GARTMAN: We Are Exiting All Bullish Positions And We're Rushing To The Sidelines (SPY, DIA),  Commodities Latest News