PFIZER INC (PFE-NYSE): Technical Viewpoint: From a low of $31.51 on Jun 14, 1999 prices rallied, reaching a high of $40.31 on Jul 1, 1999. A decline saw prices pull back, reaching a low of $32.31 on Aug 10, 1999. Another rally saw prices penetrate resistance, closing 8/20/99 at $36.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 20, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $35.00. Resistance: Is at $38 3/4. Point & Figure: Reversed to the upside on Aug 20, 1999. A P&F upside reversal takes place at $34.00. Summary: Technical indicators have turned bullish. BUY! PFIZER INC (PFE-NYSE) @ $37 1/4 Stop: Use a protective stop of $35 1/8. PFIZER INC is currently trading @ $36.94 plus $1.69 on Aug 20, 1999. Price Objective: $56.00. Risk/Reward: $2 1/8 VS. $18 3/4. Today's Risk Reward Ratio: 9:1