CIT GROUP (CIT-NYSE): Technical Viewpoint: From a low of $34.37 on Dec 26, 2004 prices rallied, reaching a high of $39.87 on Jan 28, 2004. A decline saw prices pull back, reaching a low of $36.68 on Feb 5, 2004. Another rally saw prices penetrate resistance, closing 2/19/04 at $38.55. Technicals: Momentum Index (MTM): A Buy Alert! was given on Feb 17, 2004 when the solid line crossed the dotted line to the upside. Support: Remains at $39.25. Resistance: Is at $39.87. Point & Figure: Reversed to the upside on Feb 19, 2004. A P&F upside reversal takes place at $37.50. Summary: Technical indicators have turned bullish. BUY! CIT GROUP (CIT-NYSE) @ $39.25 Stop: Use a protective stop of $37.25. CIT GROUP is currently trading @ $38.55 plus $0.95 on Feb 19, 2004. Price Objective: $51.00. Risk/Reward: $2.00 VS. $11.75. Today's Risk Reward Ratio: 6:1