It Ain T Over Yet
Richard Russell of the Dow Theory Letters in La Jolla, Calif., flopped back to the bull camp last February. But not Dan Sullivan in Seal Beach, Calif. (he writes The Chartist Mutual Fund Timer) or The Leuthold Group in Minneapolis. Their black boxes still say that the market is doomed. Had you sold on their ‘94 calls, you’d have missed gains of 30 percent or 40 percent, respectively, on the Dow Jones industrial average....