Gartman: I'm on the sidelines on oil ... for now
August 25, 2015 at 08:30 AM EDT
Closely followed investor Dennis Gartman on Tuesday further clarified his position on crude oil after overturning his longstanding bearish call Friday and then admitting he was wrong after Monday's selloff. Gartman explained that he turned bullish because the term structure-the way crude is priced at present versus in the future-had begun to change. But he said Monday's sharp market downturn, ...