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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Lars who wrote (6509)	8/7/1998 10:17:00 AM
From: Wally Mastroly	Read Replies (1) \| Respond to of 42834

Lars, Hope this is not the kiss of death to the bull:Her nibs says BUY!!! cnnfn.com >Garzarelli says time to buy Analyst dismisses flat earnings and Asian crisis, says correction is over <

To: Lars who wrote (6509)	8/7/1998 4:48:00 PM
From: wooden ships	Read Replies (1) \| Respond to of 42834

Thanks for that link, Wally. It bears no repetition that it was the limelight loving analyst Lady Garzarelli who, with much fanfare and avid press support, instructed her legion adoring minions to "sell everything" at the exact bottom of the 1996 bull market. Now, quoth her Ladyship, "We have a rate of inflation at less than 1% for the first time that I can ever remember in my career. We have interest rates that are only 5 1/2% and likely to go down another full percent from here. The only thing that is kind of neutral is that we have flat ear- nings growth this year that we're projecting in from 1999. But, as interest rates come down, the stock market will go up because it improves the valuation.... It (the recent correction) also started when the number of bullish advisers got up to 70%." It would seem that there strong echoes of certain of Bob Brinker's own positions here. Perhaps, her Ladyship is now a "Marketimer" subscriber, a "MoneyTalk" devotee, or a nodding acquaintance of the Commander