From: owner-canslim-digest@lists.xmission.com (canslim-digest) To: canslim-digest@lists.xmission.com Subject: canslim-digest V2 #3059 Reply-To: canslim Sender: owner-canslim-digest@lists.xmission.com Errors-To: owner-canslim-digest@lists.xmission.com Precedence: bulk Content-Transfer-Encoding: quoted-printable X-No-Archive: yes canslim-digest Tuesday, November 26 2002 Volume 02 : Number 3059 In this issue: Re: [CANSLIM] Volume and CWH (was M) [CANSLIM] Re. Interesting Highlight RE: [CANSLIM] Re. Interesting Highlight Re: Info Overload [CANSLIM] (was: Volume and CWH (was M)) Re: [CANSLIM] Re. Interesting Highlight ---------------------------------------------------------------------- Date: Tue, 26 Nov 2002 06:59:17 -0800 (PST) From: Sol Mayer Subject: Re: [CANSLIM] Volume and CWH (was M) - --0-1303012457-1038322757=:49501 Content-Type: text/plain; charset=us-ascii i'VE BEEN READING YOUR LATEST POSTINGS. How long do you spend a day on this? Is this your occupation?also do you find you get info overload? (that's the way I feel right now) Katherine Malm wrote: v\:* { BEHAVIOR: url(#default#VML)}o\:* { BEHAVIOR: url(#default#VML)}w\:* { BEHAVIOR: url(#default#VML)}.shape { BEHAVIOR: url(#default#VML)}st1\:*{behavior:url(#default#ieooui) }Hi Curt, I'm of a mind that simple is better when it comes to reading charts, and as with most things it just takes practice to become proficient, just as you suggested. I still "practice" every day. One of the things I like so much about the CANSLIM list is that people will often bring up stocks that I personally have glossed over, but I use their mention of a stock to practice reading the chart more closely. As chart reading is such a visual process, I think anything that helps interpret the price/volume action is helpful. I'm fairly purist, and stick to the simplest of indicators, but I find that the pattern of the Up/Down volume helps summarize the recent action. As this is a simple ratio of volume on up days to volume on down days over the last 50 days, it's not a perfect indicator, but it helps "see" the P/V action a little differently. I've used the IWM ETF as a proxy for the Russell 2000 so that you can see what I mean. See it at:http://Wallstreet-LLC.com/canslim/IWM112202.JPG Another tool I use extensively and that I like very much is Bill Lee's Excel spreadsheet. It's designed to help you read the market, but can also be used to "read" any individual stock. Each accumulation and distribution day is marked with a color and is *very* easy to see patterns of accumulation and distribution (yellow/orange/red for distribution, green for accumulation). See the last year of the NASDAQ and you can see what I mean....plenty of red most of the year, but plenty of green while the Naz built the right side of the cup. See a sample at:http://Wallstreet-LLC.com/canslim/NASDAQ112202.JPG. Bill's product is a moderately priced shareware program and I have no business affiliation with him....just a happy customer. Read more about his tool at http://www.market-tester.com Katherine ----- Original Message ----- From: Curt Corley To: canslim@lists.xmission.com Sent: Friday, November 22, 2002 8:30 PMSubject: [CANSLIM] Volume and CWH (was M) Katherine, Thanks for your input. Your help is invaluable. I looked at the indices in TC2000 with MoneyStream and Time Segmented Volume. I looked at the NASDAQ, S&P-500, and Russell 2000. Here’s what I found on all 3 charts. CMS: MoneyStream stayed above it’s linear regression line on the left side of the cup, on the right side of the cup, and during the BO. However, it stayed below the linear regression line along the bottom of the cup and during the handle formation. TSV: TSV stayed mainly above the center line during the left-side of the cup. Toward the bottom of the cup, TSV plunged way below the zero line. On the right side of the cup, TSV shot high above the center line again. During the handle formation and the BO, TSV dipped down and back up again. I guess this is supposed to tell me that volume supported the price action because there were no divergences. Since you mentioned Accumulation/Distribution, I probably should have looked at On Balance Volume and/or Balance of Power. However, I haven’t had much success with those indicators in the past. I’m trying to become more proficient at chart reading, and you’re certainly helping a great deal along with other members of this list. Once again, thank you very much. Cheers, Curt - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm Sent: Thursday, November 21, 2002 10:58 PM To: canslim@lists.xmission.com Subject: Re: [CANSLIM] M Hi Curt, I don't think when you're looking at patterns on major indexes such as the NASDAQ that the pattern of volume would be used in the same way that it is on an individual stock. My take on it is simply that an index represents a huge number of individual stocks, and while the general price pattern will indicate a reversal of a trend or a general shift in psychology and pattern of buying and selling in the market, the volume doesn't really tell you the same story as it does in an individual stock. In other words, I think that it's more important to look for a pattern of accumulation outpacing distribution (up days on higher volume than the previous day vs. down days on higher volume), than it is to look for the "bathtub" volume pattern that one would use on an individual stock. Katherine - ----- Original Message ----- From: Curt Corley To: canslim@lists.xmission.com Sent: Thursday, November 21, 2002 6:27 PM Subject: RE: [CANSLIM] M I’m glad you mentioned the General Markets & Sectors commentary in today’s IBD. I looked at the charts, and they did not appear to have rising volume on the sides of the cups. As a matter of fact, the heaviest volume days were at the very bottom of the cup. I don’t think the indices have shown great cwh characteristics. However, I’m a novice at this stuff, so I would appreciate any criticism or validation of my view. Curt - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Kelly Short Sent: Thursday, November 21, 2002 3:11 PM To: canslim@lists.xmission.com Subject: RE: [CANSLIM] M Speaking of handles- what are peoples' thoughts on WON's comment from this morning about the NASDAQ forming a cup and handle? Volume in the handle seems a bit "imperfect" but I don't want to be the one to rain on the parade! - --------------------------------- - --------------------------------- Do you Yahoo!? Yahoo! Mail Plus - Powerful. Affordable. Sign up now - --0-1303012457-1038322757=:49501 Content-Type: text/html; charset=us-ascii

i'VE BEEN READING YOUR LATEST POSTINGS.

How long do you spend a day on this? Is this your occupation?also do you find you get info overload? (that's the way I feel right now)

 Katherine Malm <kmalm@earthlink.net> wrote:

Hi Curt,
 
I'm of a mind that simple is better when it comes to reading charts, and as with most things it just takes practice to become proficient, just as you suggested. I still "practice" every day. One of the things I like so much about the CANSLIM list is that people will often bring up stocks that I personally have glossed over, but I use their mention of a stock to practice reading the chart more closely. As chart reading is such a visual process, I think anything that helps interpret the price/volume action is helpful. I'm fairly purist, and stick to the simplest of indicators, but I find that the pattern of the Up/Down volume helps summarize the recent action. As this is a simple ratio of volume on up days to volume on down days over the last 50 days, it's not a perfect indicator, but it helps "see" the P/V action a little differently.
 
I've used the IWM ETF as a proxy for the Russell 2000 so that you can see what I mean. See it at:
http://Wallstreet-LLC.com/canslim/IWM112202.JPG
 
Another tool I use extensively and that I like very much is Bill Lee's Excel spreadsheet. It's designed to help you read the market, but can also be used to "read" any individual stock. Each accumulation and distribution day is marked with a color and is *very* easy to see patterns of accumulation and distribution (yellow/orange/red for distribution, green for accumulation). See the last year of the NASDAQ and you can see what I mean....plenty of red most of the year, but plenty of green while the Naz built the right side of the cup. See a sample at:
http://Wallstreet-LLC.com/canslim/NASDAQ112202.JPG. Bill's product is a moderately priced shareware program and I have no business affiliation with him....just a happy customer. Read more about his tool at http://www.market-tester.com
 
Katherine
 
 
----- Original Message -----
From: Curt Corley
To: canslim@lists.xmission.com
Sent: Friday, November 22, 2002 8:30 PM
Subject: [CANSLIM] Volume and CWH (was M)

Katherine,

 

Thanks for your input.  Your help is invaluable.  I looked at the indices in TC2000 with MoneyStream and Time Segmented Volume.  I looked at the NASDAQ, S&P-500, and Russell 2000.  Here’s what I found on all 3 charts.

 

CMS:

MoneyStream stayed above it’s linear regression line on the left side of the cup, on the right side of the cup, and during the BO.  However, it stayed below the linear regression line along the bottom of the cup and during the handle formation.

 

TSV:

TSV stayed mainly above the center line during the left-side of the cup.  Toward the bottom of the cup, TSV plunged way below the zero line.  On the right side of the cup, TSV shot high above the center line again.  During the handle formation and the BO, TSV dipped down and back up again.

 

I guess this is supposed to tell me that volume supported the price action because there were no divergences.  Since you mentioned Accumulation/Distribution, I probably should have looked at On Balance Volume and/or Balance of Power.  However, I haven’t had much success with those indicators in the past.

 

I’m trying to become more proficient at chart reading, and you’re certainly helping a great deal along with other members of this list.  Once again, thank you very much.

 

Cheers,

Curt

 

 

-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Katherine Malm
Sent: Thursday, November 21, 2002 10:58 PM
To: canslim@lists.xmission.com
Subject: Re: [CANSLIM] M

 

Hi Curt,

 

I don't think when you're looking at patterns on major indexes such as the NASDAQ that the pattern of volume would be used in the same way that it is on an individual stock. My take on it is simply that an index represents a huge number of individual stocks, and while the general price pattern will indicate a reversal of a trend or a general shift in psychology and pattern of buying and selling in the market, the volume doesn't really tell you the same story as it does in an individual stock. In other words, I think that it's more important to look for a pattern of accumulation outpacing distribution (up days on higher volume than the previous day vs. down days on higher volume), than it is to look for the "bathtub" volume pattern that one would use on an individual stock.

 

Katherine

----- Original Message -----

From: Curt Corley

Sent: Thursday, November 21, 2002 6:27 PM

Subject: RE: [CANSLIM] M

 

I’m glad you mentioned the General Markets & Sectors commentary in today’s IBD.  I looked at the charts, and they did not appear to have rising volume on the sides of the cups.  As a matter of fact, the heaviest volume days were at the very bottom of the cup.  I don’t think the indices have shown great cwh characteristics.  However, I’m a novice at this stuff, so I would appreciate any criticism or validation of my view. 

 

Curt

 

-----Original Message-----
From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Kelly Short
Sent: Thursday, November 21, 2002 3:11 PM
To: canslim@lists.xmission.com
Subject: RE: [CANSLIM] M

 

Speaking of handles- what are peoples' thoughts on WON's comment from this morning about the NASDAQ forming a cup and handle? Volume in the handle seems a bit "imperfect" but I don't want to be the one to rain on the parade!


Do you Yahoo!?
Yahoo! Mail Plus - Powerful. Affordable. Sign up now - --0-1303012457-1038322757=:49501-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 26 Nov 2002 11:58:04 EST From: Emenar1@aol.com Subject: [CANSLIM] Re. Interesting Highlight Canslim's: I thought the members of this forum would find this interesting: Wall St Firms May Face $500 Million Fines NEW YORK (Reuters) - Regulators are telling Wall Street firms that they face fines as high as $500 million in order to resolve analyst conflict of interest probes, a source familiar with the matter said on Tuesday. Regulators expect to tell Citigroup (NYSE:C - news) that it will have to pay $500 million to end a probe into whether its analysts misled investors with tainted research in order to please investment banking clients, the source said. Regulators have told Credit Suisse First Boston that it will have to pay $250 million to settle the probes. Bear Stearns Cos. Inc. (NYSE:BSC - news), Goldman Sachs Group Inc. (NYSE:GS - news), J.P. Morgan Chase & Co. (NYSE:JPM - - news), and UBS Warburg are to be told or have been told that will have to pay $75 million each, the source said. Regulators will tell Thomas Weisel Partners that it must pay $60 million and Morgan Stanley (NYSE:MWD - news) that it must pay $50 million, the source said. Regulators will not require Merrill Lynch & Co. Inc. (NYSE:MER - news) to pay any amounts in addition to the $100 million it has already agreed to pay as the result of a settlement with regulators earlier this year, the source said. jans - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 26 Nov 2002 11:35:49 -0600 From: "Edward W. Gjertsen II" Subject: RE: [CANSLIM] Re. Interesting Highlight Not to get too far off the task at hand, but this is peanuts for these firms. I believe there will be many more lawsuits, most likely class action against these firms. The government fills its coffers, the larger firms admit no wrongdoing and it's back to business. It makes great headlines but does little else. Blaming investment losses on analysts is the equivalent of blaming your gas pedal for a speeding ticket. Major pension funds, insurance companies and other endowments followed Wall Street analysts and they are one angry crowd. The heady days are over for now, but don't fret they'll be back, just like Haley's Comet. Ed Gjertsen II ed@macktracks.com - -----Original Message----- From: owner-canslim@lists.xmission.com [mailto:owner-canslim@lists.xmission.com] On Behalf Of Emenar1@aol.com Sent: Tuesday, November 26, 2002 10:58 AM To: canslim@lists.xmission.com Subject: [CANSLIM] Re. Interesting Highlight Canslim's: I thought the members of this forum would find this interesting: Wall St Firms May Face $500 Million Fines NEW YORK (Reuters) - Regulators are telling Wall Street firms that they face fines as high as $500 million in order to resolve analyst conflict of interest probes, a source familiar with the matter said on Tuesday. Regulators expect to tell Citigroup (NYSE:C - news) that it will have to pay $500 million to end a probe into whether its analysts misled investors with tainted research in order to please investment banking clients, the source said. Regulators have told Credit Suisse First Boston that it will have to pay $250 million to settle the probes. Bear Stearns Cos. Inc. (NYSE:BSC - news), Goldman Sachs Group Inc. (NYSE:GS - news), J.P. Morgan Chase & Co. (NYSE:JPM - - news), and UBS Warburg are to be told or have been told that will have to pay $75 million each, the source said. Regulators will tell Thomas Weisel Partners that it must pay $60 million and Morgan Stanley (NYSE:MWD - news) that it must pay $50 million, the source said. Regulators will not require Merrill Lynch & Co. Inc. (NYSE:MER - news) to pay any amounts in addition to the $100 million it has already agreed to pay as the result of a settlement with regulators earlier this year, the source said. jans - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 26 Nov 2002 11:57:37 -0600 From: "Katherine Malm" Subject: Re: Info Overload [CANSLIM] (was: Volume and CWH (was M)) This is a multi-part message in MIME format. - ------=_NextPart_000_007D_01C29543.03475870 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Hi Sol, I've been a full time investor since '99 and until a week ago, when I = agreed to go into business with Mike Gibbons, found it easiest to tell = my friends I was "retired." The minute I've tried to explain that I = manage my own money full time, most folks' eyes glaze over. So, I look = at investing as a job and devote my time to it during market hours. On = the other hand, I don't spend all that time trading or researching = stocks, but instead, use it for more general study of the markets and on = refining my strategies. I don't think it's realistic to think that any = individual investor could do a decent job of CANSLIM investing in 15 = minutes a day, but I think the process can be pared down so that the = basic work is done in say, 30 minutes a day plus a few hours each = weekend. I think the secret is to have a very methodical process that = works effectively for the individual, good tools to support that = methodology, and a darned good understanding of what makes a stock a = good CANSLIM candidate. In good markets, it's common that you might find = 80 or 100 very good stocks, but not all of those will be setting up = simultaneously for breakout from one week to the next, so technicals = tend to be a very effective way of narrowing the possibilities for = trades in the upcoming week, and then good sorting/filtering techniques = will help to put a meaningful sort on the possible candidates so that = you can do a more extended due diligence only on the top 5 or 10. My theory on info overload is that learning and understanding work in = continuous cycles. Early in the cycle, everything is new and everything = is seemingly important. That's the part of the cycle where I'll open up = and seek out all possible sources of data, tools, etc., and the part I = consider to be the chaos stage. As my understanding becomes better, one = by one I can drop the excess resources and extra tasks so that it allows = me to concentrate, focus and clearly understand the new info. During = this stage, I am conscientious about what I call "noise" and will = steadfastly eliminate anything that is non-value add. A few years ago I = did that with investing resources. I dropped my subscription to the WSJ = (after nearly 25 years), all business magazines and the couple of = investment newsletters that I used. I kept only my subscription to the = IBD, and in fact, renewed it for 3 years. I then set about to more fully = use the paid tools that I was using such as DGO and Vectorvest. From = chaos came a true simplicity. It's easy for me to differentiate now = between valuable info and noise, and I think that's an outgrowth of the = simplicity and understanding. As with all cycles, however, it is never = ending. As soon as I find simplicity, it's time to start a new cycle--I = open back up and seek out new resources, go through the chaos, the = understanding, and then the simplicity again. At least it keeps life = interesting!! Katherine ----- Original Message -----=20 From: Sol Mayer=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, November 26, 2002 8:59 AM Subject: Re: [CANSLIM] Volume and CWH (was M) i'VE BEEN READING YOUR LATEST POSTINGS.=20 How long do you spend a day on this? Is this your occupation?also do = you find you get info overload? (that's the way I feel right now)=20 =20 - ------=_NextPart_000_007D_01C29543.03475870 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Hi Sol,
 
I've been a full time investor since '99 and until a week ago, when = I=20 agreed to go into business with Mike Gibbons,  found it easiest to = tell my=20 friends I was "retired." The minute I've tried to explain that I manage = my own=20 money full time, most folks' eyes glaze over. So, I look at investing as = a job=20 and devote my time to it during market hours. On the other hand, I don't = spend=20 all that time trading or researching stocks, but instead, use it for = more=20 general study of the markets and on refining my strategies. I don't = think it's=20 realistic to think that any individual investor could do a decent job of = CANSLIM=20 investing in 15 minutes a day, but I think the process can be pared = down so=20 that the basic work is done in say, 30 minutes a day plus a few hours = each=20 weekend. I think the secret is to have a very methodical process that = works=20 effectively for the individual, good tools to support that methodology, = and a=20 darned good understanding of what makes a stock a good CANSLIM = candidate. In=20 good markets, it's common that you might find 80 or 100 very good = stocks, but=20 not all of those will be setting up simultaneously for breakout from one = week to=20 the next, so technicals tend to be a very effective way of narrowing the = possibilities for trades in the upcoming week, and then good = sorting/filtering=20 techniques will help to put a meaningful sort on the possible candidates = so that=20 you can do a more extended due diligence only on the top 5 or 10.
 
My theory on info overload is that learning and understanding work = in=20 continuous cycles. Early in the cycle, everything is new and everything = is=20 seemingly important. That's the part of the cycle where I'll open up and = seek=20 out all possible sources of data, tools, etc., and the part I consider = to be the=20 chaos stage. As my understanding becomes better, one by one I can drop = the=20 excess resources and extra tasks so that it allows me to concentrate, = focus and=20 clearly understand the new info. During this stage, I am conscientious = about=20 what I call "noise" and will steadfastly eliminate anything that is = non-value=20 add. A few years ago I did that with investing resources. I dropped = my=20 subscription to the WSJ (after nearly 25 years), all business magazines = and the=20 couple of investment newsletters that I used. I kept only my = subscription to the=20 IBD, and in fact, renewed it for 3 years. I then set about to more fully = use the=20 paid tools that I was using such as DGO and Vectorvest. From chaos came = a true=20 simplicity. It's easy for me to differentiate now between valuable info = and=20 noise, and I think that's an outgrowth of the simplicity and = understanding. As=20 with all cycles, however, it is never ending. As soon as I find = simplicity, it's=20 time to start a new cycle--I open back up and seek out new resources, go = through=20 the chaos, the understanding, and then the simplicity again. At least it = keeps=20 life interesting!!
 
Katherine
----- Original Message -----
From:=20 Sol = Mayer=20
Sent: Tuesday, November 26, = 2002 8:59=20 AM
Subject: Re: [CANSLIM] Volume = and CWH=20 (was M)

i'VE BEEN READING YOUR LATEST POSTINGS.=20

How long do you spend a day on this? Is this your occupation?also = do you=20 find you get info overload? (that's the way I feel right now)=20

 

- ------=_NextPart_000_007D_01C29543.03475870-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ Date: Tue, 26 Nov 2002 11:31:51 -0600 From: Gene Ricci Subject: Re: [CANSLIM] Re. Interesting Highlight This is a multi-part message in MIME format. - ------=_NextPart_000_00CB_01C2953F.69FAAF30 Content-Type: text/plain; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable Thanks Jans, I'm betting that the individual investor never sees a dime = from these fines... any takers? Gene ----- Original Message -----=20 From: Emenar1@aol.com=20 To: canslim@lists.xmission.com=20 Sent: Tuesday, November 26, 2002 10:58 AM Subject: [CANSLIM] Re. Interesting Highlight Canslim's: I thought the members of this forum would find this interesting: Wall St Firms May Face $500 Million Fines NEW YORK (Reuters) - Regulators are telling Wall Street firms that = they face=20 fines as high as $500 million in order to resolve analyst conflict of=20 interest probes, a source familiar with the matter said on Tuesday.=20 Regulators expect to tell Citigroup (NYSE:C - news) that it will have = to pay=20 $500 million to end a probe into whether its analysts misled investors = with=20 tainted research in order to please investment banking clients, the = source=20 said.=20 Regulators have told Credit Suisse First Boston that it will have to = pay $250=20 million to settle the probes. Bear Stearns Cos. Inc. (NYSE:BSC - = news),=20 Goldman Sachs Group Inc. (NYSE:GS - news), J.P. Morgan Chase & Co. = (NYSE:JPM=20 - news), and UBS Warburg are to be told or have been told that will = have to=20 pay $75 million each, the source said. Regulators will tell Thomas = Weisel=20 Partners that it must pay $60 million and Morgan Stanley (NYSE:MWD - = news)=20 that it must pay $50 million, the source said.=20 Regulators will not require Merrill Lynch & Co. Inc. (NYSE:MER - news) = to pay=20 any amounts in addition to the $100 million it has already agreed to = pay as=20 the result of a settlement with regulators earlier this year, the = source=20 said.=20 jans - -To subscribe/unsubscribe, email "majordomo@xmission.com" -In the email body, write "subscribe canslim" or -"unsubscribe canslim". Do not use quotes in your email. - ------=_NextPart_000_00CB_01C2953F.69FAAF30 Content-Type: text/html; charset="iso-8859-1" Content-Transfer-Encoding: quoted-printable
Thanks Jans, I'm betting that the = individual=20 investor never sees a dime from these fines... any takers?
 
Gene
----- Original Message -----
From:=20 Emenar1@aol.com=20
Sent: Tuesday, November 26, = 2002 10:58=20 AM
Subject: [CANSLIM] Re. = Interesting=20 Highlight

Canslim's:

     I thought = the=20 members of this forum would find this interesting:


Wall St = Firms=20 May Face $500 Million Fines

NEW YORK (Reuters) - Regulators are = telling=20 Wall Street firms that they face
fines as high as $500 million in = order to=20 resolve analyst conflict of
interest probes, a source familiar = with the=20 matter said on Tuesday.

Regulators expect to tell Citigroup = (NYSE:C -=20 news) that it will have to pay
$500 million to end a probe into = whether=20 its analysts misled investors with
tainted research in order to = please=20 investment banking clients, the source
said.

Regulators = have told=20 Credit Suisse First Boston that it will have to pay $250
million = to settle=20 the probes. Bear Stearns Cos. Inc. (NYSE:BSC - news),
Goldman = Sachs Group=20 Inc. (NYSE:GS - news), J.P. Morgan Chase & Co. (NYSE:JPM
- = news), and=20 UBS Warburg are to be told or have been told that will have to
pay = $75=20 million each, the source said. Regulators will tell Thomas Weisel =
Partners=20 that it must pay $60 million and Morgan Stanley (NYSE:MWD - news) =
that it=20 must pay $50 million, the source said.

Regulators will not = require=20 Merrill Lynch & Co. Inc. (NYSE:MER - news) to pay
any amounts = in=20 addition to the $100 million it has already agreed to pay as
the = result of=20 a settlement with regulators earlier this year, the source
said.=20



jans





-
-To = subscribe/unsubscribe,=20 email "majordomo@xmission.com"
-In= the=20 email body, write "subscribe canslim" or
-"unsubscribe = canslim".  Do=20 not use quotes in your email.
- ------=_NextPart_000_00CB_01C2953F.69FAAF30-- - - - -To subscribe/unsubscribe, email "majordomo@xmission.com" - -In the email body, write "subscribe canslim" or - -"unsubscribe canslim". Do not use quotes in your email. ------------------------------ End of canslim-digest V2 #3059 ****************************** To unsubscribe to canslim-digest, send an email to "majordomo@xmission.com" with "unsubscribe canslim-digest" in the body of the message. For information on digests or retrieving files and old messages send "help" to the same address. Do not use quotes in your message.