SIEBEL SYSTEMS (SEBL-Nasdaq): Technical Viewpoint: From a low of $27.25 on Jan 2, 2002 prices rallied, reaching a high of $36.05 on Jan 9, 2002. A decline saw prices pull back, reaching a low of $32.10 on Jan 16, 2002. Another rally saw prices penetrate resistance, closing 1/17/02 at $35.31. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Nov 6, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $30.00. Resistance: Is at $38.00. Point & Figure: Reversed to the upside on Jan 17, 2002. A P&F upside reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! SIEBEL SYSTEMS (SEBL-Nasdaq) @ $35.50 Stop: Use a protective stop of $32.75. SIEBEL SYSTEMS is currently trading @ $35.31 plus $3.13 on Jan 17, 2002. Price Objective: $44.50. Risk/Reward: $2.75 VS. $9.00. Today's Risk Reward Ratio: 3:1