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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: Thomas M. who wrote (21332)5/4/1998 1:20:00 PM
From: Bazmataz  Read Replies (1) of 95453
 
I have to laugh when I read posts like yours. Garzarelli has on three separate occasions called for market declines of 15-20% in just the past three years! Every time she does it, the market tanks, but temporarily, and then recovers. Remember - that's what was partially involved with last July's decline. She called for an increase in S&P of 10% by year end 1997, then THREE WEEKS LATER called for a decline of 15-20%.

But then it seems people only remember how "bullish" she's been since 1987. It's amazing how people only remember the "one good call" these analysts make and then think they've been right forever. We could also debate whether or not she "really" called the 1987 'crash' or not. IMHO she did not. Truthfully, even thinking about her is a waste of my time.

Good luck,
Baz
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