SIGNALERTS DR. MARVIN APPEL EXPECTS ABOVE AVERAGE ECONOMIC GROWTH IN 2004

Expect economic growth to be above average in 2004, says Dr. Marvin Appel of the Great Neck, N.Y.-based investment firm, Signalert Corporation. Tax cuts, coupled with deficit spending and continued low interest rates have already started to increase the demand for labor and have sparked economic growth." says Dr. Appel.

GREAT NECK, N.Y.(PRWEB) December 17 2003-- Signalert Corporations Dr. Marvin Appel, co-editor of Systems & Forecasts, a monthly investment newsletter, says to expect economic growth to be above average in 2004. Tax cuts, coupled with deficit spending and continued low interest rates have already started to increase the demand for labor and have sparked economic growth," said Dr. Appel, of the Great Neck, N.Y.-based investment firm.

Dr. Appel believes that inflationary pressures, already in evidence, will increase next year and continuing brisk economic growth and improved corporate pricing power will drive stock prices higher in 2004.

As a result, economic growth will remain better than average in 2004," said Dr. Appel whose analysis of the current economic trends forecasts the Dow Jones Industrial Average to end 2004 at the 11,000 mark while predicting the S&P 500 to close next year at around 1150.

Since government policies will continue substantially unchanged through the presidential election in 2004, and since I do not expect the Federal Reserve to raise rates before then, we are optimistic for growth in 2004, " concluded Dr. Appel.

Frequently called upon for commentary and analysis on CNNfn, Forbes.com, WCBS Radio and the ABC Radio Network, Dr. Marvin Appel is an expert in timing models both in their development and in their analysis. Dr. Appel employs models that measure the shifting relative strength among various market sectors. He counsels investors to take advantage of changes in comparative strength relationships or to leave the market altogether. His work in developing strategies to reduce risk and optimize portfolio diversification has been reported in Newsday, Wall St. Transcript, CNBC and elsewhere.

Marvin Appel received his M.D. degree from Harvard's School of Medicine and simultaneously earned a Ph.D. in biomedical engineering, working on complex statistical studies. Dr. Appel joined his family's business in 1996 and is a frequent speaker at conferences for financial professionals. He applies his background in computer research and mathematical modeling to create timing models and innovative asset allocation strategies.

Signalert is a relationship-oriented company with clients throughout the metropolitan New York area and across the country. The company, together with its affiliate Appel Asset Management Corporation, manages over a half billion of client capital and is well known for its nimble approach in the market. The stability of the firm provides its clients and employees with welcome shelter from the ups and downs of a turbulent market. For more information, please visit us at: www.signalert.com.

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