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Non-Tech : Elaine Garzarelli

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To: Gil Kempenich who wrote (103)11/21/1996 8:05:00 AM
From: Mark   of 292
 
Didn't hear much from her hotline. Seems to still be bearish, although in less strongly worded tones. Sounded like someone who was beaten up badly, and is trying to say something that will "save face".

She did admit to being "surprised" by the strength of the market averages since this summer. No comment about her indicators changing, although she said something about the downward trend slowing down, or ending.

Perhaps someone else out there has a copy of her December newsletter with some info to share with us?

Later.

Mark
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