Interest rates don't correlate perfectly with stock prices. Early 1980s was a unique period of very wide (particularly declining) interest rate movements, and his strategy worked well then. If this strategy still worked, Marty would be richer than Bill Gates by now (assuming exponential growth with no size limitations).
Marty Thanks for posting that interview. I really enjoyed it. A lot of wisdom in a very short time. I've read the book and thought it was great, even did a book review for it on ET. Let me point out that there is some interesting stuff in the back of Pitbull. Some of it might not be applicable now but it's all worth going over. Louie
Just to make sure you got both interviews: 1) Wall Street Uncut http://www.wallstreetuncut.com/scripts/audiohurl.asp?format=g2&target=wsu19991022-final 2) Annonline.com http://www.annonline.com/cevents/RAMhurl.cgi?pnm=audio.annonline.com:7070&date=980422