* Today's Sector Analysis: "Drugs " Institutional Technical Viewpoint
Buy Alert! Northrop Grumman  (NOC): $119.88 Stop.  $116.88 P-Stop  $142.00 P-Objective
Dow Jones Ind: 8,919.01 plus 46.05 points Aug 26, 2002 * Price Objective: 12,000    Volume Two No. 1588
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
8/27/02
PRICE
OBJ
CLOSE
PRICE
BAC BANK OF AMERICA BUY! *   RSI: 60 $71.63 $69.13 $86.00 $71.00
CCU CLEAR CHANNEL COMM BUY! *   RSI: 62 $34.75 $32.75 $42.00 $34.65
GM GENERAL MOTORS BUY! *   RSI: 60 $49.75 $47.75 $59.00 $49.50
LEN LENNAR CORP BUY! *   RSI: 52 $56.50 $54.13 $75.00 $56.20
NEM NEWMONT MINING BUY! *   RSI: 54 $27.13 $25.13 $39.00 $26.82
QCOM QUALCOMM INC BUY! *   RSI: 59 $30.25 $28.25 $42.00 $29.90
T AT&T CORP BUY! *   RSI: 71 $12.75 $11.25 $18.00 $12.59
WFC WELLS FARGO & CO BUY! *   RSI: 60 $52.75 $50.25 $75.00 $52.50
Drugs   ABT: $41.75  BMY: $26.25  WYE: $44.50 Buy Alerts  CMCSK: $25.50  JDEC: $14.13  NTAP: $10.75

SCHLUMBERGER LTD (SLB-NYSE): Technical Viewpoint: From a low of $36.43 on Jul 24, 2002 prices rallied, reaching a high of $43.95 on Jul 31, 2002. A decline saw prices pull back, reaching a low of $35.86 on Aug 7, 2002. Another rally saw prices penetrate resistance, closing 8/27/02 at $45.19. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 23, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $42.25. Resistance: Is at $46.55. Point & Figure: Reversed to the upside on Aug 22, 2002. A P&F upside reversal takes place at $42.00. Summary: Technical indicators have turned bullish. BUY! SCHLUMBERGER LTD (SLB-NYSE) @ $45.50 Stop: Use a protective stop of $43.50. SCHLUMBERGER LTD is currently trading @ $45.19 plus $1.65 on Aug 26, 2002. Price Objective: $58.00. Risk/Reward: $2.00 VS. $12.50. Today's Risk Reward Ratio: 6:1


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