By Susan Antilla
As one of Shearson’s top stock market, analysts, Elaine Garzarelli is usually right on target. But her flashy style and shameless self-promotion break all the rules.
Garzarelli, 39, isn’t your typical research analyst. She’s the hottest woman on Wall Street.
What makes Garzarelli so successful is the she’s usually right. Her major claim to fame is that she predicted the market crash a full week before all hell broke loose on October 19, 1987. She was also correct last fall, as the Persian Gulf war loomed. Most analysts advised clients to run for cover, begging them to convert to crash, but Garzarelli urged investors to buy stocks. This brought on a chorus of laughter from competing analysts. By mid-March the Dow Jones industrial average had gained 13 percent, and the smiles faded fast…
