Tuesday, October 13, 2009

For GT Blog October 14, 2009

Rickyisms is the term devised by the fans of Trailer Park Boys for Ricky's malapropisms. They are often used due to poor education, extensive drug and alcohol use, and situations where he may not be thinking clearly

Example; "Get two birds stoned at the same time" instead of "kill two birds with the same stone"

I have recently picked up on Dennis Gartman and his Gartmanisms.

Dig these classics, "In bull markets we can only be long or neutral, and in bear markets we can only be short or neutral. That may seem self-evident; it is not, and it is a lesson learned too late by far too many" - so we can be neutral all the time?

"All rules are meant to be broken: The trick is knowing when... and how infrequently this rule may be invoked!" - say what?

"I am currently short the U.S. dollar and long the Canadian dollar" - a double short?

"I am long gold but I do not like gold, sorry gold bugs" - either way he wins.

Gartman also thinks the rising Canadian loonie is great for Canadians - I wonder which Canadians that could be - certainly not Alberta's energy industry and not Ontario's gutted manufactures - sorry I forgot there are some benefits to a strong loonie - vacations to Barbados and the big Chinese importers like Canadian Tire.

1 comment:

dh12 said...

I agree with your comments about Gartman. I suppose he doesn't realize most of our exports go to the US. I remember him on TV saying something. Trends can go up for a very long time, until they end.. and then go down.