MURPHY OIL CORP (MUR-NYSE): Technical Viewpoint: From a low of $80.20 on Oct 4, 2002 prices rallied, reaching a high of $93.19 on Oct 21, 2002. A decline saw prices pull back, reaching a low of $75.40 on Nov 13, 2002. Another rally saw prices penetrate resistance, closing 12/3/02 at $87.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Nov 27, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $79.50. Resistance: Is at $89.45. Point & Figure: Reversed to the upside on Nov 25, 2002. A P&F upside reversal takes place at $84.00. Summary: Technical indicators have turned bullish. BUY! MURPHY OIL CORP (MUR-NYSE) @ $87.88 Stop: Use a protective stop of $85.13. MURPHY OIL CORP is currently trading @ $87.00 plus $1.65 on Dec 3, 2002. Price Objective: $112.00. Risk/Reward: $2.75 VS. $24.12. Today's Risk Reward Ratio: 9:1