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Path: utzoo!watmath!clyde!bonnie!akgua!akgub!cylixd!dave
From: dave@cylixd.UUCP (Dave Kirby)
Newsgroups: net.invest
Subject: Harmonic Research Newsletter
Message-ID: <208@cylixd.UUCP>
Date: Wed, 21-Aug-85 15:58:15 EDT
Article-I.D.: cylixd.208
Posted: Wed Aug 21 15:58:15 1985
Date-Received: Sat, 24-Aug-85 15:45:40 EDT
Reply-To: dave@cylixd.UUCP (Dave Kirby)
Organization: RCA Cylix Communications , Memphis, TN
Lines: 47


D. Payne asks:

>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. [... etc.]

After reading about their 82% accuracy record, and after
seeing the market collapse August 6 just as they said it would,
I got really interested in this newsletter and did a little research.

I called the SEC in Washington, with which most market advisors
register themselves, to find out if Sexton was registered. The SEC
could find no record, so I was unable to get an address from them.

I then went to the main library (don't laugh, Memphis has a real
good one) and looked the company up in a national newsletter directory.
They weren't in there, either. But then, neither was Joe Granville,
a very famous (albeit controversial) letter writer.

Alas, I have exhausted all paths, save writing directly to PBS
to see if I can get a transcript of that Nightly Business Report
segment. Harmonic Research apparently is too new to be listed
anywhere. Even Hulbert's Financial Digest, who rates several market
letters according to their accuracy, doesn't mention them.

I see from Mr. Payne's later comments that he is an index options
freak. Now that I know that there is at least one other person 
besides me on the net that is interested in index options, I will
begin posting things that would be of interest to options traders.

By the way, those of you who are conservative, buy-and-hold type
investors will want to skip through anything I post to the net.
I am not a buy-and-hold person, because I am not a patient person;
therefore, most of my stuff will be for the fast gamblers and those
wishing to get rich (or poor) quick. I will do my posting to net.invest
until they come up with a net.gamblers or net.speculators.


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Dave Kirby			"There is no genius without some
RCA Cylix			 touch of madness." - Seneca
Memphis, TN   (901)761-1177 ext 357
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