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marketmaven

05/11/04 11:51 AM

#243005 RE: cannabis #242996

CROOK NEWS: From the firm who's economist says $40 oil is not a problem for this economy....
Putnam receives SEC subpoenas
By Kathie O'Donnell - May 11, 2004

NEW YORK (CBS.MW) - Putnam Investments has received subpoenas from the U.S. Securities and Exchange Commission's Philadelphia office seeking documents and information tied to its directed brokerage and trading practices. Putnam, a unit of Marsh & McLennan Companies Inc., disclosed the information Monday in a regulatory filing. It also received a request for information from the SEC's Chicago office and the NASD regarding revenue-sharing arrangements, the filing said. Boston-based Putnam is "fully cooperating" with regulatory authorities, according to the filing. Shares of Marsh & McLennan (MMC: news, chart, profile) fell 8 cents to $43.78 in recent trading.


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SantaCruz

05/11/04 11:54 AM

#243011 RE: cannabis #242996

Yes nice call on the trend day. Your indicator works well. I am still concerned about the volume. Most trend days I think have better volume in the first hour. Heck, we didn't even make it over 400m the first hour. Usually need 500m for a 2bil day.
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bluehorseshoe1A

05/11/04 11:57 AM

#243016 RE: cannabis #242996

step ladder ramp job so far, we should hit the local high in the next hour and stay flat (tight trading range) till 2:20 when we will make new highs or take a hair cut.

The boyz and girlz did a nice job on the ramp, low volume and dow/sp laggard made lot of people question the validity.