* Today's Sector Analysis: "Drugs " Institutional Technical Viewpoint
Buy Alert! Countrywide Credit   (CCR): $50.50 Stop.  $48.13 P-Stop  $60.00 P-Objective
Dow Jones Ind: 8,274.09 plus 230.46 points * Trade w/caution & use stops Aug 6, 2002   Volume Two No. 1574
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
8/7/02
PRICE
OBJ
CLOSE
PRICE
BMET BIOMET INC BUY! *   RSI: 58 $27.75 $25.75 $35.50 $27.05
* CHIR CHIRON CORP BUY! *   RSI: 58 $34.88 $32.88 $48.00 $34.21
* GENZ GENZYNE CORP BUY! *   RSI: 52 $21.75 $19.88 $31.00 $21.51
LMT LOCKHEED MARTIN BUY! *   RSI: 51 $64.13 $61.63 $86.00 $62.80
MGG MGM MIRAGE INC BUY! *   RSI: 55 $35.13 $33.13 $49.00 $34.65
MMM 3M COMPANY BUY! *   RSI: 50 $123.13 $120.13 $150.00 $121.31
OMC OMNICON GROUP INC BUY! *   RSI: 51 $54.25 $51.75 $68.00 $53.30
SO SOUTHERN COMPANY BUY! *   RSI: 62 $29.13 $27.13 $39.00 $28.86
Drugs   IDPH: $42.38  IVGN: $35.00  MLNM: $11.88 Buy Alerts  CHKP: $16.25  CREE: $15.13  VOD: $14.63

AMGEN INC (AMGN-Nasdaq): Technical Viewpoint: From a low of $30.57 on Jul 7, 2002 prices rallied, reaching a high of $46.65 on Jul 30, 2002. A decline saw prices pull back, reaching a low of $41.99 on Aug 5, 2002. Another rally saw prices penetrate resistance, closing 8/6/02 at $44.23. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 30, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $39.00. Resistance: Is at $50.50. Point & Figure: Reversed to the upside on Aug 6, 2002. A P&F upside reversal takes place at $44.25. Summary: Technical indicators have turned bullish. BUY! AMGEN INC (AMGN-Nasdaq) @ $45.63 Stop: Use a protective stop of $43.63. AMGEN INC is currently trading @ $44.23 plus $2.01 on Aug 6, 2002. Price Objective: $54.50. Risk/Reward: $2.00 VS. $8.88. Today's Risk Reward Ratio: 4:1


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