PROCTER & GAMBLE CO (PG-NYSE): Technical Viewpoint: From a low of $84.56 on Jul 2, 1999 prices rallied, reaching a high of $92.06 on Jul 15, 1999. A decline saw prices pull back, reaching a low of $86 1/8 on Jul 28, 1999. Another rally saw prices penetrate resistance, closing 8/3/99 at $93.81. Technicals: MACD Index (MACD): A Buy Alert! was given on Jul 30, 1999 when the solid line crossed the dotted line to the upside. Support: Remains at $88 1/2. Resistance: Is at $91 5/8. Point & Figure: Reversed to the upside on Jul 30, 1999. A P&F upside reversal takes place at $90.00. Summary: Technical indicators have turned bullish. BUY! PROCTER & GAMBLE CO (PG-NYSE) @ $94 3/8 Stop: Use a protective stop of $91 5/8. PROCTER & GAMBLE CO is currently trading @ $93.81 plus $3.68 on Aug 3, 1999. Price Objective: $123 1/2. Risk/Reward: $2 3/4 VS. $29 1/8. Today's Risk Reward Ratio: 10:1