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* Today's Sector Analysis: "Drugs  " Institutional Technical Viewpoint
Buy Alert!
Alliant Techsystems
(ATK):
$101.13 Stop. $98.25 P-Stop $131.00 P-Objective
Dow Jones Ind: 10,574.29 plus 140.88 points Mar 7, 2002 * Price Objective: 12,000
Volume Two No. 1473
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TICKER
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COMPANY NAME
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BUY!
SELL
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RSI INDEX
* OPTIONS
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ENTRY
PRICE
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STOPS
3/7/02
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PRICE
OBJ
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CLOSE
PRICE
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APD
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AIR PRODUCTS & CHEM
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BUY!
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* RSI: 63
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$51.13
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$48.63
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$59.00
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$50.58
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IPG
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INTERPUBLIC GR OF COS
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BUY!
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* RSI: 62
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$33.63
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$31.25
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$52.00
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$32.92
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OSIP
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OSI PHARMACEUTICALS
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BUY!
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* RSI: 61
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$43.63
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$41.13
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$57.00
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$43.57
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PH
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PARKER HANNIFIN CORP
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BUY!
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* RSI: 70
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$54.88
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$52.25
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$75.00
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$54.42
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RIG
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TRANSOCEAN SEDCO
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BUY!
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* RSI: 60
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$30.38
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$28.38
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$42.00
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$30.33
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SEBL
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SIEBEL SYSTEMS INC
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BUY!
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* RSI: 55
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$34.13
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$31.63
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$43.00
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$33.66
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SYMC
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SYMANTEC CORP
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BUY!
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* RSI: 64
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$41.13
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$38.63
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$51.00
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$40.81
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TOL
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TOLL BROTHERS INC
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BUY!
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* RSI: 75
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$53.25
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$50.75
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$62.00
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$52.62
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Drugs
CEPH: $64.13 MLNM: $23.13 SEPR: $47.50
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Buy Alerts
AN: $23.75 CHTR: $12.50 GNTA: $16.25
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PHELPS DODGE CORP
(PD-NYSE):
Technical Viewpoint: From a low
of $30.50 on Jan 23, 2002 prices
rallied, reaching a
high of $39.10
on Feb 15, 2002. A
decline saw prices pull back, reaching a
low of
$35.64 on Feb 20, 2002.
Another rally saw prices penetrate
resistance, closing 3/6/02
at $40.86. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 31, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $37.50. Resistance: Is at $41.84.
Point & Figure: Reversed to the upside on Mar 2, 2002. A P&F upside
reversal takes place at $39.50. Summary: Technical indicators have turned bullish. BUY! PHELPS DODGE CORP
(PD-NYSE) @ $41.13 Stop: Use a protective stop of $38.63.
PHELPS DODGE CORP is currently trading @ $40.86 plus $2.34 on Mar 6, 2002. Price Objective:
$55.00. Risk/Reward: $2.50 VS. $13.88. Today's Risk Reward Ratio: 5:1
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Click here to view full size chart
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DISCLAIMER: This report is not intended as an offering or a solicitation of an offer to buy or sell the securities and futures mentioned. While all information is derived from sources we deem reliable, we do not represent that it is accurate or complete. Such information and the opinions expressed are subject to change without notice. WALL STREET TRADER'S COLUMN™, its officers, stockholders, and employees and their families may have a long or short position in or may at any given time purchase or sell the securities or options relating thereto <
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