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Non-Tech : Elaine Garzarelli
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To: Gil Kempenich who wrote (50)10/18/1996 8:09:00 AM
From: Mark   of 292
 
Hello again;

Long time no speak. I just saw a copy of her November issue. Didn't have time to read all of it, but basically she is as bearish as ever. Her monetary indicators are very negative. The only thing that would get her to change her attitude is a drop in interest rates by the FED. She doesn't think that will happen (neither do I, by the way). She still believes that you should own almost nothing in the US stock market, but there were several sectors that shouldn't be sold. I'll try to get more info as I read the full issue.

Later.

Mark
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