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* Today's Sector Analysis: "Drugs  " Institutional Technical Viewpoint
Buy Alert!
Business Objects
(BOBJ):
$17.63 Stop. $16.13 P-Stop $28.25 P-Objective
Dow Jones Ind: 7,843.11 minus 77.77 points * Trade w/ caution & use stops Feb 11, 2003
Volume Two No. 1702
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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
2/12/03
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PRICE
OBJ
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CLOSE
PRICE
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CBI
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CHICAGO BRIDGE & IRON
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BUY!
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RSI: 70
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$16.75
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$15.25
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$24.00
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$16.70
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EXPD
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EXPEDITORS INT WASH
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BUY!
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* RSI: 62
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$33.50
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$31.50
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$44.00
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$33.35
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HAR
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HARMAN INTERNAT
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BUY!
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* RSI: 53
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$60.25
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$57.75
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$69.00
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$59.59
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JCOM
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J2 GLOBAL COMMUN
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BUY!
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* RSI: 57
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$21.75
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$19.25
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$37.00
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$21.67
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MYL
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MYLAN LABORATORIES
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BUY!
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* RSI: 70
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$28.13
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$26.13
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$40.50
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$27.75
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NTE
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NAM TAI ELECTRON
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BUY!
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* RSI: 73
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$34.75
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$32.75
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$43.00
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$33.91
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RYL
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RYLAND GROUP INC
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BUY!
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* RSI: 61
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$41.13
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$39.13
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$57.00
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$40.49
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TS
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TENARIS SA
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BUY!
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RSI: 60
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$21.13
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$19.63
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$28.00
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$21.05
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Drugs
DIGE: $16.25 PRX: $33.88 USNA: $15.75
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Buy Alerts
MSTR: $21.13 USAI: $24.63 USNA: $15.75
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MAVERICK TUBE CO
(MVK-NYSE):
Technical Viewpoint: From a low
of $11.46 on Nov 20, 2002 prices
rallied, reaching a
high of $13.98
on Dec 13, 2002. A
decline saw prices pull back, reaching a
low of
$11.88 on Jan 9, 2003.
Another rally saw prices penetrate
resistance, closing 2/11/03
at $16.22. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Jan 21, 2003 when the Histogram crossed the "0" line to the upside.
Support: Remains at $13.25. Resistance: Is at $16.40.
Point & Figure: Reversed to the upside on Jan 30, 2003. A P&F upside
reversal takes place at $15.25. Summary: Technical indicators have turned bullish. BUY! MAVERICK TUBE CO
(MVK-NYSE) @ $16.25 Stop: Use a protective stop of $14.75.
MAVERICK TUBE CO is currently trading @ $16.22 plus $1.00 on Feb 11, 2003. Price Objective:
$24.00. Risk/Reward: $1.50 VS. $7.75. Today's Risk Reward Ratio: 5:1
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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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