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* Today's Sector Analysis: "Electronics  " Institutional Technical Viewpoint
Buy Alert!
Lam Research
(LRCX):
$11.38 Stop. $9.88 P-Stop $19.00 P-Objective
Dow Jones Ind: 8,322.40 plus 47.36 points Oct 18, 2002 * Price Objective: 9,300 
Volume Two No. 1625
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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
10/21/02
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PRICE
OBJ
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CLOSE
PRICE
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AVP
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AVON PRODUCTS
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BUY!
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* RSI: 60
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$49.88
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$47.88
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$58.50
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$49.79
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BGEN
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BIOGEN INC
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BUY!
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* RSI: 69
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$37.13
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$35.13
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$49.00
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$36.81
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* CREE
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CREE INC
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BUY!
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* RSI: 63
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$15.38
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$13.88
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$27.00
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$14.98
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DELL
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DELL COMPUTER
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BUY!
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* RSI: 67
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$28.63
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$26.63
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$38.00
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$28.45
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EBAY
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EBAY INC
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BUY!
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* RSI: 64
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$60.38
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$57.88
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$79.00
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$59.96
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FRE
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FREDDIE MAC
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BUY!
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* RSI: 60
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$63.63
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$61.13
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$84.00
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$63.41
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LOW
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LOWE'S COMPANIES
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BUY!
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* RSI: 60
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$44.25
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$42.25
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$58.00
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$44.15
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* PHTN
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PHOTON DYNAMICS
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BUY!
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* RSI: 66
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$25.38
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$23.38
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$34.00
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$24.27
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Electronics
KLAC: $33.13 LLTC: $27.63 MXIM: $29.75
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Buy Alerts
AMAT: $13.50 FON: $12.13 NXTL: $9.88
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CLEAR CHANNEL COMM
(CCU-Nasdaq):
Technical Viewpoint: From a low
of $32.50 on Sep 24, 2002 prices
rallied, reaching a
high of $37.95
on Sep 26, 2002. A
decline saw prices pull back, reaching a
low of
$29.36 on Oct 10, 2002.
Another rally saw prices penetrate
resistance, closing 10/18/02
at $38.57. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Oct 16, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $35.75. Resistance: Is at $38.95.
Point & Figure: Reversed to the upside on Oct 18, 2002. A P&F upside
reversal takes place at $35.00. Summary: Technical indicators have turned bullish. BUY! CLEAR CHANNEL COMM
(CCU-Nasdaq) @ $38.75 Stop: Use a protective stop of $36.75.
CLEAR CHANNEL COMM is currently trading @ $38.57 plus $2.00 on Oct 18, 2002. Price Objective:
$51.00. Risk/Reward: $2.00 VS. $12.25. Today's Risk Reward Ratio: 6:1
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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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