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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: MythMan who wrote (314136)10/31/2005 8:57:39 AM
From: Lucretius  Read Replies (3) of 436258
 
- DJ Knight Cap Hires Acampora To Lead Tech Research Team >NITE --
JERSEY CITY, N.J. (Dow Jones)--Knight Capital Group Inc. (NITE) formed Knight
Technical Research to provide clients with market analysis, and hired Ralph J.
Acampora to lead the group.
Earlier this month, Prudential Equity Group closed its technical research
group for cost-cutting reasons and laid off Acampora, who is called the dean of
technical analysis by many of his colleagues. He worked for the firm for 15
years.
In a press release Monday, Knight Capital said Knight Technical Research will
study and evaluate price and volume momentum along with sentiment and time
cycles. The team will also apply these disciplines to the fixed-income market as
well as to currencies, commodities and foreign markets.
Knight Capital expects to offer clients access to Knight Technical Research
before Dec. 31.

(MORE TO FOLLOW) Dow Jones Newswires
10-31-05 0856ET
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