GENERAL MOTORS CORP (GM-NYSE): Technical Viewpoint: From a low of $29.75 on Mar 11, 2003 prices rallied, reaching a high of $37.57 on Apr 23, 2003. A decline saw prices pull back, reaching a low of $32.84 on May 23, 2003. Another rally saw prices penetrate resistance, closing 6/17/03 at $39.14. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jun 4, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $36.00. Resistance: Is at $41.12. Point & Figure: Reversed to the upside on Jun 17, 2003. A P&F upside reversal takes place at $37.50. Summary: Technical indicators have turned bullish. BUY! GENERAL MOTORS CORP (GM-NYSE) @ $39.25 Stop: Use a protective stop of $37.25. GENERAL MOTORS CORP is currently trading @ $39.14 plus $2.03 on Jun 17, 2003. Price Objective: $51.00. Risk/Reward: $2.00 VS. $11.75. Today's Risk Reward Ratio: 6:1