dave@cylixd.UUCP (Dave Kirby) (08/27/85)
There has been some interest recently in the mysterious Harmonic
Research Newsletter, and there have been some requests to re-post the
original letter written on the subject by D. Payne, which gave the
company's predictions for the rest of the year. So, back by popular
demand:
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Has anyone heard of the Harmonic Research Biweekly
Market Letter put out by Mason Sexton? Any subscribers?
Sexton was Friday's (7/26) Guest Market Monitor on the
Nightly Business Report. The letter is aimed at providing
Index option traders market trend forecasts detailed to
daily expected variations. Sexton has at times provided
trend change expectations accurate to the hour of a
given trade day. The claim is that Sexton has had an 82%
accuracy rate with is calls.
Becoming involved in index option trading, I'ld like to
learn more about this or other similar news letters.
Fees, addresses, accuracy rate, etc would be helpful.
For those interested here is Sexton's call for the remainder
of the year:
The DOW is certain to top in August, likely by the 5th
or 6th but no later than the 14th, followed by a sharp
decline with an ultimate low on Nov 14th. Drastic pull
backs are expected on Aug 14th and the afternoon of Aug
28th extending through the following day. Best case
will be a DOW between 1260 and 1290. If the DOW breaks
the 1260 support it could pull back to low to mid 1100s.
Following Nov 14th, an explosive rally is expected.
You can see why I'm interested in the letter. Put options
anyone?
Thanks in advance for any info. Please post responses to the
newsgroup.
D. Payne