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I get his newsletter. It is useless for trading but it is good for the
interesting articles... About Clinton.... Ron Brown.. Ect.. There is no
way to tell how factual the info is without serious investigating...
-----Original Message-----
From: DOUGWARREN <DOUGWARREN@xxxxxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Wednesday, June 24, 1998 11:21 AM
Subject: Re: Wall Street Underground newsletter
>
>-----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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