Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Any Garzarelli Fans?
Old 12-11-2010, 08:40 AM   #1
Thinks s/he gets paid by the post
JPatrick's Avatar
 
Join Date: Jun 2005
Posts: 2,278
Any Garzarelli Fans?

Elaine is about the only market guru I bother to listen to. Listen to lots of reseachers, but she is the only stock picker/forecaster I have faith in. She only speaks to the nonpaying public about twice a year.
Below is the meat of what she currently thinks/recommends.
For FIDO customers, you can easily find a sector fund of theirs to match the ETF's noted below.


"Our indicators signal a bull market for a long time," said Garzarelli, who recommended the Consumer Discretionary SPDR (XLY), Financial Select SPDR (XLF), Industrial SPDR (XLI), the Materials SPDR (XLB, and the Technology SPDR (XLK) in the report.

Most compelling may be her valuation calculation. Relative to the low yields on Baa-rated bonds (thanks to QE2), the fair value price-earnings ratio for the S&P 500 should be closer to 17 times earnings. Applying that to her S&P 500 EPS estimate of $90 gets a fair value of 1530 for the index, or almost 25 higher from here.


__________________

__________________
JPatrick is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 12-21-2010, 06:54 AM   #2
Thinks s/he gets paid by the post
Ed_The_Gypsy's Avatar
 
Join Date: Dec 2004
Location: Baku, Azerbaijan
Posts: 4,579
No.
__________________

__________________
"Ain't got no money for no old-age pension;
I'm so broke, I can't pay attention!"

"I started out with nothin' and I still got most of it left."
Ed_The_Gypsy is online now   Reply With Quote
Old 12-21-2010, 08:30 PM   #3
Thinks s/he gets paid by the post
JPatrick's Avatar
 
Join Date: Jun 2005
Posts: 2,278
Quote:
Originally Posted by Ed_The_Gypsy View Post
No.
That does seem apparent....
__________________
JPatrick is offline   Reply With Quote
Old 12-22-2010, 06:04 PM   #4
Thinks s/he gets paid by the post
veremchuka's Avatar
 
Join Date: Oct 2010
Location: irradiated - too close to the nuclear furnace
Posts: 1,259
elaine was dead on about oct 1987 but she totally blew her credibility around 1995 or 1996 with a call that was 100% wrong. i think she called for another crash and the market just continued to roar. after that she seemed to fade away.

i have only seen her from time to time from the early 2000's to about 3 years ago. today was the 1st time in years. i really feel bad for her, she really looks bad. she looks like she is either swollen from surgeries to her face (?) or she just gained a lot of weight. this is making her facial distortions far more disfiguring when she smiles. i have no idea what happened to her (car accident maybe) but she really is looking rough. she seems like a good person, it's quite a burden for her to carry. no offense is meant to her by any of my comments.
__________________
veremchuka is offline   Reply With Quote
Old 12-24-2010, 05:29 AM   #5
Full time employment: Posting here.
 
Join Date: Mar 2009
Posts: 779
Quote:
Originally Posted by JPatrick View Post
Elaine is about the only market guru I bother to listen to. Listen to lots of reseachers, but she is the only stock picker/forecaster I have faith in. She only speaks to the nonpaying public about twice a year.
Below is the meat of what she currently thinks/recommends.
For FIDO customers, you can easily find a sector fund of theirs to match the ETF's noted below.


"Our indicators signal a bull market for a long time," said Garzarelli, who recommended the Consumer Discretionary SPDR (XLY), Financial Select SPDR (XLF), Industrial SPDR (XLI), the Materials SPDR (XLB, and the Technology SPDR (XLK) in the report.

Most compelling may be her valuation calculation. Relative to the low yields on Baa-rated bonds (thanks to QE2), the fair value price-earnings ratio for the S&P 500 should be closer to 17 times earnings. Applying that to her S&P 500 EPS estimate of $90 gets a fair value of 1530 for the index, or almost 25 higher from here.

Interesting, but nothing here to make me deviate from my overall plan & AA
__________________
foxfirev5 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
sports fans, help! bright eyed Other topics 3 07-28-2007 12:24 PM
L. A. sports fans ronin Other topics 2 12-03-2006 07:48 AM
For Music Fans Leonidas Other topics 0 10-14-2006 01:08 PM
Ceiling Fans 73ss454 Other topics 38 09-19-2006 11:52 AM
Whole house fans laurence Other topics 29 06-21-2006 11:40 AM

 

 
All times are GMT -6. The time now is 12:44 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.

Early Retirement News right to your Email!

Stay up-to-date with all the latest news to your inbox!

unsusbcribe at anytime with one click

Close [X]