* Today's Sector Analysis: "Transportation " Institutional Technical Viewpoint
Buy Alert! Hovnanian Corp  (HOV): $38.88 Stop.  $35.88 P-Stop  $47.00 P-Objective
Dow Jones Ind: 9,109.79 minus 133.87 points * Trade w/caution & use stops Jul 1, 2002   Volume Two No. 1550
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
7/2/02
PRICE
OBJ
CLOSE
PRICE
APD AIR PRODUCTS & CHEM BUY! *   RSI: 61 $50.88 $48.38 $61.00 $50.61
CCR COUNTRYWIDE CREDIT BUY! *   RSI: 56 $49.25 $46.75 $57.00 $48.80
CTX CENTEX CORP BUY! *   RSI: 60 $59.25 $56.75 $71.00 $58.10
CVX CHEVRONTEXACO CP BUY! *   RSI: 56 $88.88 $86.38 $111.00 $88.60
DE DEERE & CO BUY! *   RSI: 64 $48.50 $46.13 $60.00 $48.08
EMN EASTMAN CHEMICAL BUY! *   RSI: 59 $47.25 $44.75 $57.00 $47.00
KBH KB HOME BUY! *   RSI: 58 $53.13 $50.63 $60.00 $52.50
TRW TRW INC BUY! *   RSI: 61 $58.13 $55.63 $66.00 $56.58
Transportation   BNI: $30.88  CSX: $36.50  UNP: $65.13 Buy Alerts  AVL: $14.88  DHI: $26.88  PLD: $26.13

LENNAR CORP (LEN-NYSE): Technical Viewpoint: From a low of $50.11 on Jun 4, 2002 prices rallied, reaching a high of $62.00 on Jun 20, 2002. A decline saw prices pull back, reaching a low of $57.73 on Jun 26, 2002. Another rally saw prices penetrate resistance, closing 7/1/02 at $63.30. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jun 18, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $56.50. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jun 27, 2002. A P&F upside reversal takes place at $60.75. Summary: Technical indicators have turned bullish. BUY! LENNAR CORP (LEN-NYSE) @ $63.38 Stop: Use a protective stop of $60.88. LENNAR CORP is currently trading @ $63.30 plus $2.10 on Jul 1, 2002. Price Objective: $75.00. Risk/Reward: $2.50 VS. $11.63. Today's Risk Reward Ratio: 5:1


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