NEWFIELD EXPLORATION (NFX-NYSE): Technical Viewpoint: From a low of $31.24 on Oct 10, 2002 prices rallied, reaching a high of $36.51 on Oct 21, 2002. A decline saw prices pull back, reaching a low of $33.76 on Nov 13, 2002. Another rally saw prices penetrate resistance, closing 12/12/02 at $38.79. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 14, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $36.50. Resistance: Is at $39.15. Point & Figure: Reversed to the upside on Dec 2, 2002. A P&F upside reversal takes place at $37.00. Summary: Technical indicators have turned bullish. BUY! NEWFIELD EXPLORATION (NFX-NYSE) @ $38.88 Stop: Use a protective stop of $36.88. NEWFIELD EXPLORATION is currently trading @ $38.79 plus $1.84 on Dec 12, 2002. Price Objective: $49.00. Risk/Reward: $2.00 VS. $10.12. Today's Risk Reward Ratio: 5:1