MSC INDUSTRIAL DIRECT (MSM-NYSE): Technical Viewpoint: From a low of $9.85 on Sep 30, 2002 prices rallied, reaching a high of $13.85 on Oct 28, 2002. A decline saw prices pull back, reaching a low of $12.68 on Nov 7, 2002. Another rally saw prices penetrate resistance, closing 11/26/02 at $17.17. 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 $16.00. Resistance: Is at $17.45. Point & Figure: Reversed to the upside on Nov 12, 2002. A P&F upside reversal takes place at $15.50. Summary: Technical indicators have turned bullish. BUY! MSC INDUSTRIAL DIRECT (MSM-NYSE) @ $17.38 Stop: Use a protective stop of $15.88. MSC INDUSTRIAL DIRECT is currently trading @ $17.17 plus $1.07 on Nov 26, 2002. Price Objective: $25.00. Risk/Reward: $1.50 VS. $7.63. Today's Risk Reward Ratio: 5:1