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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TechTrader42 who wrote (35135)	4/30/2002 2:43:19 PM
From: ajtj99	Read Replies (2) \| Respond to of 52237

Well, TRINQ gave a buy here on the 10-minute stoch's. My sell was more coinciding with the new low and a flag that was looking rather bearish. I think we may get some short covering into the close, and that may take us up to the 1695 COMP range. I would rather wait to see how that is handled before buying again. Since I play options, I lose 5-10% when I hit the "send" button. I have to be pretty certain about the direction. If we take out 1697, we'll have enough short covering to take us to 1725 COMP, which is a healthy enough run for me to make some money on options.

To: TechTrader42 who wrote (35135)	4/30/2002 4:16:41 PM
From: Ron	Respond to of 52237

SEC Steps Up Wall Street Probe By CHARLES GASPARINO Staff Reporter of THE WALL STREET JOURNAL The inquiry into brokerage research continued to heat up, with the Securities and Exchange Commission formally asking about 10 big Wall Street firms to hand over information about their research practices, people with knowledge of the matter said. Meanwhile, Merrill Lynch & Co.'s two top executives were expected to meet with New York State Attorney General Eliot Spitzer later this week to present a settlement offer that could bring a quick resolution to his high-profile probe into the firm's research, people with knowledge of the matter said. The SEC's recent requests, from its enforcement staff and inspections division, were significant in that they show that Wall Street's top cop has begun to mount an aggressive probe into the research practices of the securities industry. Mr. Spitzer's investigation has largely focused on Merrill Lynch. Like Mr. Spitzer, the SEC is interested in whether big firms, such as Merrill Lynch, the Salomon Smith Barney unit of Citigroup Inc., and Morgan Stanley Dean Witter & Co. purposely misled small investors with overly optimistic research on companies that also were clients of their investment-banking departments. The SEC has asked for company documents, including e-mail messages from company executives involved in the research process, people with knowledge of the matter said. The commission, for the moment, has stopped short of issuing subpoenas, and instead has sent out letters asking the firms to voluntarily hand over the information, these people said. But the subpoenas could be issued at some point if the firms fail to comply with the requests, these people said. Officials from several big Wall Street firms, including Merrill Lynch and Morgan Stanley. didn't return telephone calls for comment. A spokesman for Salomon Smith Barney had no immediate comment. An SEC spokeswoman had no comment. Brief excerpt from WSJ .