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Essay / Research Paper Abstract
This 3 page paper examines the article Garzarelli's Edge, The Sequel, which evaluates Elaine Garzarelli's true abilities and how she markets her services. Garzarelli is well known for predicting the 1987 market crash. No additional sources cited.
Page Count:
3 pages (~225 words per page)
File: RT13_SA741G.rtf
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Unformatted sample text from the term paper:
lot of criticism since that time. In 1987 and shortly thereafter, Garzarellis ideas were taken very seriously, but might her projection been a fluke? Is Elaine Garzarelli really a talented
financial genius, or did she just get lucky? In evaluating the evidence and the article at hand, it seems as if Elaine Garzarelli is a typical financial analyst who is
right some of the time, and wrong at other times. Cubster (1996) argues that many of the newsletters written Garzarelli had dire predictions, and that after making predictions, then
going back on them, eventually, one would be correct. The author remarks: " Theyve got to be right eventually, if they keep repeating that same message" (Cubster, 1996). The
author is trying to suggest that not only is Garzarelli wrong in respect to her predictions, but that she is defrauding the public. The author goes into her history and
notes that she did accurately predict the crash in 1987 one week before it hit, and she did this on CNN (Cubster, 1996). Newsweek had reported that she also predicted
every single bear market over a twenty year time span and during that period, there were no false alarms (Cubster, 1996). According to CNN and Newsweek, it would seem as
if Garzarelli is an excellent analyst. Why is Cubster so critical? A large part of the criticism goes to the way that others have portrayed her. IT seems as
if she can do no wrong, but the truth is that she has and Cubster (1996) proves it. He relays an advertisement that is as follows: ""Shes called every major
market top and bottom within 4% - 11% since 1982" (qtd. in Cubster, 1996). Then, he claims that the way that the ad phrases her remarkable calls is that there
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