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JPMorgan's $2 Billion Loss

Friday, 11 May 2012 | 1:00 AM ET

Dennis Gartman, founder of The Gartman Letter, told CNBC, "I operate under the old rule that there is never just one cockroach, when ill news comes out there is usually more ill news to follow. The market now knows the positions that Morgan's group has and when the other guy knows what you have they make it very uncomfortable to get out."