* Today's Sector Analysis: "Energy " Institutional Technical Viewpoint
Buy Alert! Bio-rad Laboratories  (BIO): $57.13 Stop.  $55.13 P-Stop  $67.50 P-Objective
Dow Jones Ind: 8,516.43 plus 25.07 points May 21, 2003 * Price Objective: 10,500    Volume Two No. 1766
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
5/22/03
PRICE
OBJ
CLOSE
PRICE
* BHI BAKER HUGHES INC BUY! *   RSI: 71 $32.38 $30.38 $45.00 $31.90
BSX BOSTON SCIENTIFIC BUY! *   RSI: 71 $50.63 $48.13 $62.00 $50.08
ENR ENERGIZER HOLDINGS BUY! *   RSI: 77 $30.88 $28.88 $43.00 $30.58
ERTS ELECTRONIC ARTS INC BUY! *   RSI: 57 $62.63 $60.13 $72.00 $62.31
* IART LIFESCIENCES BUY! *   RSI: 65 $28.13 $26.13 $38.50 $27.47
LEH LEHMAN BROS HLDG BUY! *   RSI: 68 $68.13 $65.63 $85.00 $68.00
SNDK SANDISK CORP BUY! *   RSI: 77 $31.63 $29.63 $45.00 $31.36
* XLE SPDR ENERGY SECTOR BUY! *   RSI: 71 $24.13 $22.13 $32.00 $23.95
Energy   DVN: $51.13  GSF: $24.68  OHI: $63.88 Buy Alerts  ICN: $12.13  PLAB: $15.13  UTSI: $27.38

KERR-MCGEE CORP (KMG-NYSE): Technical Viewpoint: From a low of $40.54 on Apr 29, 2003 prices rallied, reaching a high of $45.17 on May 13, 2003. A decline saw prices pull back, reaching a low of $44.15 on May 20, 2003. Another rally saw prices penetrate resistance, closing 5/21/03 at $46.26. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Apr 22, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $44.25. Resistance: Is at $47.51. Point & Figure: Reversed to the upside on May 13, 2003. A P&F upside reversal takes place at $45.00. Summary: Technical indicators have turned bullish. BUY! KERR-MCGEE CORP (KMG-NYSE) @ $46.63 Stop: Use a protective stop of $44.63. KERR-MCGEE CORP is currently trading @ $46.26 plus $1.72 on May 21, 2003. Price Objective: $67.50. Risk/Reward: $2.00 VS. $15.37. Today's Risk Reward Ratio: 8:1


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