PETER ELIADES – DYNAMIC TIME CYCLES

I was born in Massachusetts. A high school. Harvard College A.B. Boston University Law School was once a member of the Massachusetts Bar. Marie L. Eliades was married to him. Peter and Marie have three children.

Peter passed the Massachusetts Bar after graduating from Harvard College and Boston University Law School. He moved to Los Angeles in 1967. Peter started his stock market studies in 1968, with a lot of time and money. J. M. Hurst wrote a book called The Profit Magic of Stock Transaction Timing. He started his financial career as a stock broker. Peter was promised he could make daily TV appearances and give market commentary if he became a broker. He accepted the offer and became a stock market analyst on Los Angeles television station KWHY, the nation’s first financial TV station, for several years beginning in 1973.

Several times in the fall of 1974, in a market that had seen the average share of stock drop for almost 6 years since December 1968, he predicted that a major market bottom would occur during the week of December 9-13, 1974. December 9, 1974 is when the low of the stock market was recorded. The publication of Stockmarket Cycles began in July of 1975. In 1982, he began a long string of appearances on FNN, the nation’s first financial network. He made several notable forecasts on FNN, and his forecast for a very important market bottom on January 24, 1983, was widely noted for several weeks prior to that date.

On January 24, 1983, the stock market ended a decline of over 8% and moved below the 1000 level for the last time prior to the start of a 20 year run to the upside. In October 1987, there was an interruption of note. It was a 2 day crash. The Wall St. Journal quoted Mark Hulbert as saying that Stockmarket Cycles was one of the best ways to get subscribers out of the market before the crash.

In 1985, the first year Stockmarket Cycles was rated by the independent rating services, Peter earned 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. Peter was named the most consistent mutual fund switcher in 1989 based on his timing signals. Stockmarket Cycles had the #1 market timing record in the country from January 1985 to August 1990 with a timing gain of 174.3%.

Peter did it again from June 1986 to June 1996. The Fidelity Select mutual fund portfolio of Stockmarket Cycles was the leader over the 10 year period. The September 1996 AAII Journal published a rating of the performance of 27 mutual fund portfolios from the country’s best known newsletter writers. The other 26 portfolios had an average annual gain of 9.13%.

The Fidelity Select Portfolio had an annual gain of 16.50%. The closest competitor was at 12.49%. The Stockmarket Cycles performance was the top performer during the 2000-2003 bear market with an annual gain of 13.9% in the face of the S&P 500 loss. In the March 22, 1999 issue of Barron’s, Eliades wrote an article that was greeted by guffaws and ridicule by the majority of analysts and investors. Eliades stated that it could be years, even a decade or more before 10,000 was reached. The story is over. Peter was honored by the MTA in 2001 with an award for excellence and creativity in Technical Analysis.

Mr. Eliades has appeared on Larry King Live, CNBC, Wall Street Week, and Nightly Business Report. He has been featured in some of the nation’s most prestigious publications, including Forbes, The Wall Street Journal, and Futures Magazine. He has written several articles. Eliades has focused his attention to the development of trading systems, but has remained involved with studying and developing technical indicators for analyzing the stock market. He is a gifted money manager.