That's cold. Here's the MarketBeat post:
The man behind the Gartman Letter seems to be aiming some none-too-subtle barbs at everyman billionaire Warren Buffett of late.
Yesterday, 24/7 Wall Street — a financial blog we like to watch — noted that Dennis Gartman appeared on CNBC’s “Power Lunch,” saying that Buffett’s beloved Berkshire Hathaway would make a good candidate for short selling.
“Wha-wha?” you say? Well, maybe it’s not such a crazy idea.
The blog’s Jon Ogg takes a look at Berkshire’s chart, and writes:
MarketBeat is not quite ready to bet against the Oracle anytime soon. But Gartman seems to have some personal thoughts on the beloved investment guru....MOREThis stock is definitely an ugly duckling. In the last few days it has failed its 50-day moving average (currently $90,784.82). It is also about $10,000 higher than today’s price. We heard Mr. Gartman being “short of Berkshire” last month … On a simple chart, there does not appear to be any major simple support lines under $88,000 until about $85,000.
Buffett has made me a millionaire. I never heard of Gartman.