iPoint (iPoint.cz)
Czech markets  |  February 27, 2013 15:19:11

Investment guru: Beware of the shares, but for oil!



iPoint.czPerhaps the most widely read journal among institutional investors is The Gartman Letter. Since 1987, published by the "Journal" Dennis Gartmana over time, became required equipment for hedge fund managers, brokers and investment bankers. Alone together, unlike many authors of "guaranteed business methods" trades, is rumored his 22 rules of trading. His credo is that the investor must understand especially psychology, to the economy. "Markets are based more on emotion than on economic factors," says Gartman, which include the commodity among the most followed global investment guru. In December 2011 notes that sees strong growth potential of stocks, especially on Wall Street. At that time, the benchmark S & P shows the values ??of around 1250 points. Today it is about 20 percent higher.Now to equities Gartman warns: "I have now just like stocks," says investor. Why and warns against what?

Guru advice: Read the iPoint

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