* Today's Sector Analysis: "Drugs " Institutional Technical Viewpoint
Buy Alert! Itt Educational  (ESI): $29.63 Stop.  $27.63 P-Stop  $38.00 P-Objective
Dow Jones Ind: 8,069.86 plus 77.73 points * Trade from the long side Apr 1, 2003   Volume Two No. 1735
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
4/2/03
PRICE
OBJ
CLOSE
PRICE
APOL APOLLO GROUP INC BUY! *   RSI: 63 $51.63 $49.13 $65.00 $51.32
BEC BECKMAN COULTER BUY! *   RSI: 68 $35.25 $33.25 $49.00 $35.21
CECO CAREER EDUCATION BUY! *   RSI: 61 $50.75 $48.25 $63.00 $50.60
CFC COUNTRYWIDE FINAN BUY! *   RSI: 68 $59.88 $57.38 $69.00 $59.49
CURE CURATIVE HEALTH BUY! RSI: 64 $18.25 $16.75 $28.00 $18.19
MTB M&T BANK CORP BUY! *   RSI: 60 $81.88 $79.13 $93.00 $81.67
* MYL MYLAN LABORATORIES BUY! *   RSI: 63 $29.63 $27.63 $38.00 $29.50
STE STERIS CORP BUY! *   RSI: 64 $27.25 $25.25 $37.00 $27.13
Drugs   ABT: $39.13  BRL: $59.13  TEVA: $43.88 Buy Alerts  SFA: $14.38  UCL: $27.38  UTSI: $21.13

PROGRESSIVE CORP (PGR-NYSE): Technical Viewpoint: From a low of $50.39 on Mar 12, 2003 prices rallied, reaching a high of $60.41 on Mar 21, 2003. A decline saw prices pull back, reaching a low of $58.08 on Mar 27, 2003. Another rally saw prices penetrate resistance, closing 4/1/03 at $61.76. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Feb 24, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $59.75. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Mar 20, 2003. A P&F upside reversal takes place at $59.25. Summary: Technical indicators have turned bullish. BUY! PROGRESSIVE CORP (PGR-NYSE) @ $61.88 Stop: Use a protective stop of $59.38. PROGRESSIVE CORP is currently trading @ $61.76 plus $2.30 on Apr 1, 2003. Price Objective: $71.25. Risk/Reward: $2.50 VS. $9.37. Today's Risk Reward Ratio: 4;1


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