MGIC INVESTMENTS CORP (MGIC-Nasdaq): Technical Viewpoint: From a low of $54.60 on Dec 10, 2001 prices rallied, reaching a high of $63.40 on Jan 1, 2002. A decline saw prices pull back, reaching a low of $59.03 on Jan 10, 2002. Another rally saw prices penetrate resistance, closing 1/11/02 at $64.48. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Dec 20, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $60.50. Resistance: Is at $67.31. Point & Figure: Reversed to the upside on Jan 11, 2002. A P&F upside reversal takes place at $62.25. Summary: Technical indicators have turned bullish. BUY! MGIC INVESTMENTS CORP (MGIC-Nasdaq) @ $65.13 Stop: Use a protective stop of $62.63. MGIC INVESTMENTS CORP is currently trading @ $64.48 plus $2.28 on Jan 11, 2002. Price Objective: $78.00. Risk/Reward: $2.50 VS. $12.88. Today's Risk Reward Ratio: 5:1