Max, Garzarelli is a Bull. I have subscribed to her newsletter service for nearly a year. She blue it when she recommended individuals to get out of the market last Fall. She, in March, finally came to her senses about four+ months later and recommended that people get into Computer Associates, Dell, Merck, Consolidated Edison, Nike, Tenet Healthcare, Travelers, Chase Manhattan, Columbia Gas, Baker Hughes, Phillips Petroleum and New York Times. She recommended staying away from the Semiconductor stocks. I followed her advise in getting out of the market but when I saw in October that Applied Materials and Computer Associates were making a comeback I bought into these stocks in large amounts. Therefore, my gains have been tremendeous since October '96. However, even though she missed the Semi's she did steer her subscribers into Dell, CA stocks that I know have had great moveups. Therefore, she is batting approximately 500% in her call.
However, since I do not own nor track her recommended portfolio as a total I can not give you her total ROI. According to her latest Phone update she is stating the the DOW, with the most current figures, will hit 8300 and with a 6% bond will hit I believe 8600+. Would I subscribe to her service again. Yes, realizing that she is human as we are and the fact that we have to do our own analysis. Her analyzes are one tool that we must consider as we come to our own conclusions.
Hope, this gives you a perspective in your analysis. Her conservative perspective does give you another point of view to consider.
Regards.
Paul |