Host
Chris Waltzek & Bob Chapman, The International
Forecaster discussion and answer listener's questions.
2nd
Hour:
Richard
Daughty
The
Mogambo Guru Report
Richard
Daughty, who describes himself as
"the angriest guy in economics,”
is writer/publisher of The Mogambo Guru
economic newsletter and a general partner
and COO for Smith Consultant Group, serving
the financial and medical communities.
Prior to joining Smith, Daughty was a
financial adviser to American Express
Financial Advisers in Clearwater, Florida.
He holds an MBA in operations research
from the University of South Florida and
is a strong advocate for sound fiscal
and monetary policy. His comments appear
frequently in such fine publications as
GoldSeek.com, the Daily Reckoning and
Barron’s.
Peter
G. Eliades, Editor and Publisher, Stockmarket
Cycles
Born 5-26-39 in Lowell, Massachusetts
Lowell High School – 1956
Harvard College, A.B. 1960
Boston University Law School
J.D. –1963 (passed Massachusetts Bar
Exam)
Married – three children
Upon
graduation from Boston University Law school,
Peter Eliades moved to New York City where
he entertained as a singer and pianist in
Manhattan cabarets and off-Broadway musical
comedy. In 1967, he moved to Los Angeles
and continued his musical career. In 1968,
with a lot of time and curiosity and a little
money, Mr. Eliades initiated his stock market
studies.
In
1972, he began his financial career as a
stockbroker and appeared as a stock market
analyst on Los Angeles television station
KWHY, the nation’s first financial
TV station. Several times in the fall of
1974, he predicted on KWHY that a major
market bottom would occur during the week
of December 9-13, 1974. The exact Dow low
of 570.01 occurred on December 9, 1974.
Publication of Stockmarket Cycles began
in July of 1975. In 1985, the first year
he was rated by the independent rating services,
Mr. Eliades earned the Timer Digest’s
"Timer of the Year" award and
placed second in 1986 in a close race which
wasn’t decided until the final trading
day of the year. In 1989, Mark Hulbert (Hulbert
Financial Digest) named Mr. Eliades as the
"Most Consistent Mutual fund Switcher"
based on Eliades timing signals for the
years 1985, 1986, 1987, and 1988. From January
1985 when Hulbert first started rating Stockmarket
Cycles, through August 1990, Stockmarket
Cycles had the #1 market timing record in
the country with a timing gain of 174.3%
versus a comparable gain in the Wilshire
5000 Total Return Index of 119%.
Mr.
Eliades has been a regular panelist on ABC’s
weekly Sunday show, Business World, and
has made guest appearances on FNN, CNBC,
Wall Street Week, and Nightly Business Report.
He has been featured in some of the nation’s
most prestigious publications including
Barron’s, The Wall Street Journal,
Forbes and Futures Magazine among others.
Mr.
Eliades’ theory of price movement in
the stock market relates to repeating cycles
rhythms. Fundamental news has no effect
on market timing and affects only long-term
trends. In over 16 years of uninterrupted
market letters, he has rarely mentioned
a fundamental news story in relation to
the market. Mr. Eliades’ analysis is
100% cyclically and technically oriented.
Stockmarket
Cycles provides market timing for the
more important intermediate to long term
trends for mutual fund switching. Short-term
timing is also provided for stock index
futures and index options via the daily
telephone updates.
