FLAGSTAR BANCORP INC (FBC-NYSE): Technical Viewpoint: From a low of $1672 on Nov 12, 2002 prices rallied, reaching a high of $19.94 on Nov 26, 2002. A decline saw prices pull back, reaching a low of $17.70 on Dec 5, 2002. Another rally saw prices penetrate resistance, closing 12/27/02 at $21.65. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Dec 28, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $20.40. Resistance: Is at $22.70. Point & Figure: Reversed to the upside on Dec 17, 2002. A P&F upside reversal takes place at $20.00. Summary: Technical indicators have turned bullish. BUY! FLAGSTAR BANCORP INC (FBC-NYSE) @ $22.13 Stop: Use a protective stop of $20.13. FLAGSTAR BANCORP INC is currently trading @ $21.65 plus $1.20 on Dec 28, 2002. Price Objective: $32.00. Risk/Reward: $2.00 VS. $9.88. Today's Risk Reward Ratio: 5:1