WEst Coast Moneyman Hits Bullseye Three Times With Market Forecasts

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) January 23, 2008 -- Alan Mendelson, the well known Moneyman on KCAL-TV in Los Angeles accurately predicted that the Federal Reserve would cut interest rates again to ease worries about a new recession, and the rate could would push up gold prices, and at the same time the stock market would continue its free-fall that started the first week of January.

Mendelson's forecasts and predictions were in his personal web site commentaries in www.AlanMendelsonDeals.com and Mendelson's other web site www.MoreDeals.TV which also promotes his Best Deals TV show on KCAL Channel 9.

Mendelson is a long time golden bull and about three years ago called the start of the "new bull market" in gold. In the first week of January he warned that the year end rally in the stock market was nothing more than a fools rally or a suckers rally.

His web site www.AlanMendelsonDeals.com also contains an article about the dangers of stagflation and slumpflation. Mendelson was among the first to use the phrase slumpflation years ago in his financial reports on TV and radio.

Mendelson is available for interviews and can be contacted through his office at Creative Services Adviertising in Los Angeles at (213) 252-2272.

fed     federal reserve     gold     interest rates     stock market     stocks     wall street