VARIAN MEDICAL SYSTEMS (VAR-NYSE): Technical Viewpoint: From a low of $56.03 on Sep 29, 2003 prices rallied, reaching a high of $59.40 on Oct 3, 2003. A decline saw prices pull back, reaching a low of $55.50 on Oct 14, 2003. Another rally saw prices penetrate resistance, closing 10/29/03 at $65.20. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 17, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $65.25. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Oct 29, 2003. A P&F upside reversal takes place at $63.50. Summary: Technical indicators have turned bullish. BUY! VARIAN MEDICAL SYSTEMS (VAR-NYSE) @ $65.25 Stop: Use a protective stop of $62.75. VARIAN MEDICAL SYSTEMS is currently trading @ $65.20 plus $3.68 on Oct 29, 2003. Price Objective: $75.00. Risk/Reward: $2.50 VS. $9.75. Today's Risk Reward Ratio: 4:1