Decade-long bull market of the 1990s

More or less impervious to declines

In 1996, InvesTech was recognized as one of only six financial advisory newsletters to have beaten the market on a risk-adjusted basis since its inception in the early 1980s. And an October 1995 Forbes article described InvesTech’s long-term portfolio performance as “more or less impervious to declines.”

Just 13 days after this issue was mailed on January 4, 1991…

The stock market blasted off on an advance that would take it up more than 1000 DJIA points.