Date updated:01-16-2008
Dennis Gartman, author of The Gartman Letter joined the "Fast Money" traders to discuss his take on the commodities market. Gartman disclosed that he is long natural gas and short crude oil. He thinks natural gas is cheap relative to crude oil and he pointed out that oil couldn't go up last week on bad news.

-
SJT
San Juan Basin Ro - $17.56
- -3.52%
- $17.65
Gartman mentioned his two favorite natural gas plays right now are San Juan Basin Royalty Trust (SJT) and United States Natural Gas Fund (UNG).

-
UNG
Us Nat Gas Fd Etf - $9.83
- +2.82%
- $9.20
Gartman mentioned his two favorite natural gas plays right now are San Juan Basin Royalty Trust (SJT) and United States Natural Gas Fund (UNG).
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A. When I focus just on daytrading I came
up with a simple way to make 1/3 % to 1%
a day on a steady day to day basis. It
doesnt sound too exciting daily , but it
adds up to 5% to 10% monthy. Of course
it doesnt work every single day, but on
the days when I strike out I limit
myself to a maximum .66% to 1% loss on
my bad days. I tend to have one bad day
doing this out of every 10 trading days.
I usually stay invested from 15 minutes
to no more than 1 hour a day folllowing
this process, but I still spend the
whole day watching the marketts looking
for my best entry point of the day. It
tends to take up the whole day.
A. The only one I own : SLX,
too hard pick a winner out all of them
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