Some of the old-line technical indicators are beginning to show signs of breaking down, meaning...

|By:, SA News Editor

Some of the old-line technical indicators are beginning to show signs of breaking down, meaning it's time to high-tail it to the sidelines, says Dennis Gartman. Time-tested models like Dow Theory - where the Dow Transports failed to make new highs when the Industrials did - are pointing to a sell off and warning its time to make an exit. If you must buy, however, Gartman recommends looking at coal, shipping stocks or high dividend yielders like GE and Johnson & Johnson (JNJ). (video).