• 04 Jan 2012 at 11:41 AM

Prophet Gartman Tees Himself For Another Told Ya So

Unlike past predictions, no one has to die for Dennis to nail this one (that we know of).

A positive first fortnight’s return to trading should lead to a positive year for the U.S. markets in 2012, Dennis Gartman, author of The Gartman Letter, believes. Trading on the Dow Jones Industrial Average has started the year on a positive note, after a tumultuous 2011. “If we finish the first two weeks higher, we will finish the year higher,” Gartman told CNBC Wednesday. “Let’s not get too excited over the first few days of trading,” he cautioned. “If we’re higher after two weeks, that will set the tone for a much better year.”

Related: Dennis Gartman Just Wants To Point Out That He Sooooo Called This Earthquake

42 comments (hidden to protect delicate sensibilities)
Show all comments ↓

Comments (42)

  1. Posted by Wire | January 4, 2012 at 11:46 AM

    Probably just the Colonel, as he puts the addictive chemical in his chicken that makes you crave it.

  2. Posted by CNBC | January 4, 2012 at 11:49 AM

    Gartman continued, "whereas if HAG:CN finishes the first fortnight in positive territory, I'm going to leave a footprint with that sell order."

  3. Posted by the Great Bernak | January 4, 2012 at 11:50 AM

    I follow each and every call this guy makes on bullion. I'm getting tired of putting it down to the coin shop when he says SELL! Plus you have to talk like a local with the Kentucky drawl and other BS to blend in.

  4. Posted by Guest | January 4, 2012 at 11:53 AM

    I correctly predicted that DG would make another prediction.

  5. Posted by Nostradamus | January 4, 2012 at 11:53 AM

    Two days is nothing. It takes nine days to determine how the year will go.

  6. Posted by derp | January 4, 2012 at 11:53 AM

    My prediction: If the market goes up, the DJIA will be higher than it is now

  7. Posted by Rex Ryan | January 4, 2012 at 11:55 AM

    I guarantee we’ll win it this year

  8. Posted by M Sanchez | January 4, 2012 at 12:02 PM

    I guarantee I will not throw any interceptions in the playoffs

  9. Posted by D. Gartman | January 4, 2012 at 12:14 PM

    Hi, I am a newsletter guy. I like to trade one lots.

  10. Posted by juniormistmaker | January 4, 2012 at 12:14 PM

    You mean HAG-T?

    – UBS head of cash equities

  11. Posted by RBS | January 4, 2012 at 12:23 PM

    Ohhhhh. Phew. The guy had me all tripped up with that fortnight jibberish. Fortnight? WTF mate.

  12. Posted by antonio cromartie | January 4, 2012 at 12:31 PM

    i guarantee i will not have any more children

  13. Posted by Jacob's Bladder | January 4, 2012 at 12:32 PM

    I predicted last year that 2012 would come after 2011.

    -Gartman's 6 foot long anal bead tail

  14. Posted by Guest | January 4, 2012 at 12:44 PM

    I predict I will disregard his advice.

  15. Posted by Guest | January 4, 2012 at 1:03 PM

    You mean HAGS?

    – UBS yearbook signing quant

  16. Posted by Dennis G | January 4, 2012 at 1:05 PM

    Worst comment of 2012.

  17. Posted by cayce | January 4, 2012 at 1:23 PM

    I never book a trade without consulting Miss Cleo.

  18. Posted by Touch Base Later | January 4, 2012 at 1:23 PM

    anotonio – i would rather you guarantee that you will remember the names of your children this year.

  19. Posted by Guest | January 4, 2012 at 1:30 PM

    In Soviet Russia, 2011 come after 2012.

  20. Posted by Guest | January 4, 2012 at 1:37 PM

    There's a joke in there about Gartman, a bike, and the basement of The Alamo

  21. Posted by pazzo83 | January 4, 2012 at 1:44 PM

    Give it two weeks, then we'll know for sure.

  22. Posted by Monty Python | January 4, 2012 at 1:49 PM

    If there were fewer robbers, there wouldn't be so many of them, numerically speaking.

  23. Posted by Guest | January 4, 2012 at 1:52 PM

    Alamo rents cars, not bikes.

    Dennis Googleman

  24. Posted by Nailz6 | January 4, 2012 at 2:00 PM

    I'd say I'm almost positive the winner of this year's election will be president.

  25. Posted by StateOfFL | January 4, 2012 at 2:03 PM

    Not always….

  26. Posted by Travis Henry | January 4, 2012 at 2:05 PM

    Man, that's mean!

  27. Posted by Guest | January 4, 2012 at 2:23 PM

    You mean HAGGIS?

    – RBS food quant

  28. Posted by pazzo83 | January 4, 2012 at 2:26 PM

    I predict that Matt's post today will include 3 charts and be 47 paragraphs long.

  29. Posted by Guest | January 4, 2012 at 2:28 PM

    Matt is Gartman
    Gartman is Matt

  30. Posted by FKApmco | January 4, 2012 at 2:39 PM

    Trash Dennis all you like but I think he's onto something with the being high for a fortnight sets the tone for a much better year…ruins one of my New Year's resolutions but we all know resolutions aren't made to last.

  31. Posted by cayce | January 4, 2012 at 2:45 PM

    I want to see Matt take on the Ackman / Canadian Pacific imbroglio…complete with an interactive page detailing the operation and maintenance of a freight engine.

  32. Posted by L'o Queesha | January 4, 2012 at 2:48 PM

    I guarantee I did not have my diaphragm in last night

  33. Posted by derp | January 4, 2012 at 2:55 PM

    A challenger emerges…

  34. Posted by Guest | January 4, 2012 at 2:59 PM

    I bet he looks even more impressive naked, covered in chocolate.

    -Jeff Macke

  35. Posted by inlovewithpmco | January 4, 2012 at 2:59 PM

    happy new year pmco

  36. Posted by Lord Humongous | January 4, 2012 at 3:01 PM

    It's cold out there today.

    – UBS Meteorological Quant

  37. Posted by Ollie | January 4, 2012 at 3:06 PM

    IT'S REALLY COLD!

    -Blackuweather Forecast Quant

  38. Posted by Everyone | January 4, 2012 at 3:17 PM

    Damn it's you…

  39. Posted by Meredith | January 4, 2012 at 3:44 PM

    Let’s not get too excited over the downtick in munibond prices. My muni bond default crash prediction will set the tone for the year.

  40. Posted by Anonymous | January 4, 2012 at 3:50 PM

    I predicted the USD was weak against the CHF
    -Wife of Swiss National Bank President

  41. Posted by wahoo | January 4, 2012 at 6:21 PM

    Even as I read your comment and watched the suck unfold before me, I still cannot comprehend how you thought this was remotely funny. Unless you wear a soft padded helmet, like, always. If that's true then I'm sorry and your finger paintings are quite nice.

  42. Posted by FKApmco | January 4, 2012 at 6:37 PM

    you too my darling xoxo