let's bring in dennis gartman. great to see you. it wasn't too alonging inglong thinking what is going on with nat gas. so what do you go now. >> you had a huge run to the up side. 10 or 11 consecutive days is extended by anybody's imagination and you were getting to the point where at $4.50 per million thermal units, that was probably for lag of a better term a sporty price. and we know that there is going to be a polar vortex, we know that temperatures are dropping into single digits in parts of montana, minneapolis might get down into the low teens. it will stay down there for several days. the question is will we have a protracted and consistent period of cold weather. if you know what the weather will do, you know what natural gas prices will do. crude oil prices gave up the ghost today. coal prices gave up the coaghos today. and expectation that the polar vortex has not last as long as people feared put down pressure. 4.50 was extremely purchase. let it get to 3.95 and you'll have my interest as a buyer. but at 4.50, not kudos

dennis gartman of "the gartman letter." >> move over head and showeders.re talking charts and the dreaded triangle of death. yes, dan, we're talking to you. today we've got a new pattern in town it goes by the name of the vomiting camel. b.k. is over at the smart board to explain. >> this a very, very important technical pattern here. this is gold and this is what i have like ed actually and down 114 i came here and said let's buy this. up at 121 i switched to calls thankfully and what happened was we just completely dumped. here we go, this is the vomiting camel. we have two humps. what happens when you have a pattern like this? let's go to the next one. combine this with the very -- come on, where is the next one? there we go. come on. well, the bottom line is -- >> explain. >> here is the deal. it's still not working. you have this camel. it's also resting on a rhombus formation. the rhombus formation, very dangerous when you combine it with a vomiting camel. we've got it. perfect. so where is our target for this? for this we have a splat zone of 880 to

>> dennis gartman, our thanks, as well.uy at 5:00 talking biotech with citigroup about what's ahead for 2015 because it's that time of year. don't miss it. time to get active here. not getting in shape for the new year and you could do that, too. there's a report predicting active funds to shine after being badly beaten by index funds this year. >>> also, pimco, this has jaws dropping up and down wall street. paying half a billion dollars of bonuses to bill gross and mohammed alarian just last year after pimco's total fund underperformed the peers. is the board doing the job? that's coming up. (vo) rush hour around here starts at 6:30 a.m. - on the nose. but for me, it starts with the opening bell. and the rush i get, lasts way more than an hour. (announcer) at scottrade, we share your passion for trading. that's why we've built powerful technology to alert you to your next opportunity. because at scottrade, our passion is to power yours. >>> welcome back. it's been a rough ride for active managers. according to data, about

dennis gartman. and it's gobble, gobble day. i did that because guy hates it.terms of the oil equity trade. that's what most people are trading. if we are to believe we see oil 60s before the 80s. >> some of the names, petr china, they have room to rally. and you have a scenario, oil going into this meeting can -- there's a lot of squeezes. i think you're set up to rally. a spike, maybe not sustainable. i agree. losing about a million barrels of demand, and there's tons of supply. so much has been priced into this, long into the meetin ingm >> if you believe that oil is going to 60. >> do you? >> no. but downgraded cbi and jacobs engineering. but if you believe a bounce, i believe they're dirt cheap. the bottom in terms of the stock price. chicago, bridge and iron off the down grid. >> time for pops and drops. a drop for verizon down 1%. >> downgraded citi to a knew ral. flat on the year, i don't think you have to step in and buy in front of increased costs in 2015 to compete for customers and spectrum. to me, buy it here for that yield, you keep astop eive len

also, with us, friend dennis gartman. matt, i mean, it's been called the goldilocks report today.? >> yes. it was a very strong jobs report on a lot of fronts. good job creation, unemployment rate ticking down. participation ticking up. on many measures it was good. the question mark is why isn't there wage growth? i think that speaks to the need for broader policy reform in washington. >> dennis, you're throwing in the towel? are you going long all in on the market? >> seems to be a bull market an going to the sidelines it's absolutely the wrong thing to do. >> you and everybody, by the way. >> it seems like the pros are the ones not doing well in the market and seems like the public that sits tight and just allows monetary policy to carry share prices higher to do quite well. concerning the employment numbers, i think we need to pay attention to canada, also. because the numbers that came out of canada shockingly good. the world expecting canada to show minus numbers, maybe 5,000 to 7,000 jobs lost and given the fact that canada's population is one tenth of ours is equivalent of