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FORMER WALL STREET WEEK "ELF" MAKES POSITIVE FORCASTS FOR GOLD AND THE DOW JONES IN 2006
Dateline: December 21, 2005 ... Sendona, AZ
Contact Name: Mark Leibovit
Contact Phone: 928-282-1275
E-mail: mark@vrsurvey.com
Web Address: http://VRTrader.com
SEDONA, AZ - December 21, 2005 - Mark Leibovit, nationally recognized
stock market technician and market strategist at VRTrader.com,
announced on his November 18, appearance on PBS' "Nightly Business
Report as a "Market Monitor" guest with host, Paul Kangas, that Gold
is targeted to $800 per ounce over the next three years and the Dow
Jones Industrial Average could surge to as high as 13,000 in 2006,
despite widespread predictions for a recession in the coming year due
to higher interest rates, inflation and a housing slowdown. He had
been predicting a rise in gold on that television program for the past
three years and correctly called the current rise in gold bullion to
$535.
VRTrader.com (VR) is an on-line stock market newsletter authored by
Leibovit, former Wall Street "Elf" with Louis Rukeyser and
Timer Digest's No. 1 Intermediate Market Timer for the 10 year period
ending December 31, 2002. His Annual Forecast Model (available at
http://VRTrader.com) has gained increasing notoriety on Wall Street as
a predictor of future market movement. Released each year in early
February, it has accurately pinpointed market highs and lows, most
notably forecasting the bear market with a market "sell" signal in
February 2000 and the current bull market in Gold.
About Mark Leibovit
Mark Leibovit has appeared on both CNBC and CNN, Bloomberg and CBS in
Chicago. In addition, he has been interviewed by Barrons, Business
Week, The Wall Street Journal, Forbes, CBS.Marketwatch.com, DTN Wall
Street, Jagnotes.com, Marketviews.tv, Michael Campbell (Vancouver),
Damon Vickers and Gabriel Wisdom to name only a few since he launched
VRTrader.com in 1979.
Leibovit was a member of the Chicago Board Options Exchange (CBOE)
where he became a market maker in 1976. In 1979, after consulting with
several regional brokerage firms, he left the floor and began
publishing his newsletter "The Volume Reversal Survey", now
VRTrader.com. He is a member of the Market Technicians Association,
Investment Management Consultants Association where he holds a CIMA
designation and the CFA Institute.
For more details on Leibovit's research, visit VRTrader.com or
contact him directly at mark@vrsurvey.com or by calling 928-282-1275.
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