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-----Original Message-----
From: JAC1390@xxxxxxx <JAC1390@xxxxxxx>
To: OMEGA-LIST@xxxxxxxxxx <OMEGA-LIST@xxxxxxxxxx>
Date: Wednesday, June 24, 1998 6:08 AM
Subject: USER GROUPS
>
>P.S. Has anyone heard of Nick Guarino of "The Wall St Underground"
newsletter?
>He seems to be the biggest bear on earth, any opinions?
>
I received his newsletter for a year several years ago. Twice he
recommended selling the S&P 500 futures every 5 or 10 points up and down
from the current levels at that time. He recommended putting on as many
positions as you could afford to because he expected a big drop. If I
remember correctly, the first time the S&P's were trading at about 500 and
the second time at about 600. No profit taking levels came close to being
hit and the positions were big losers. Some of his other recomendations
were fairly good during that year on other commodities. I did not renew the
newsletter.
Doug Warren
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