* Today's Sector Analysis: "Drugs " Institutional Technical Viewpoint
Buy Alert! Goodrich Petrol Corp  (GDP): $10.25 Stop.  $9.13 P-Stop  $21.00 P-Objective
Dow Jones Ind: 10,609.60 minus 9.40 points Feb 23, 2004 * Price Objective: 12.600    Volume Two No. 1951
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
2/24/04
PRICE
OBJ
CLOSE
PRICE
CVX CHEVRONTEXACO CORP BUY! *   RSI: 64 $88.63 $83.13 $99.00 $88.34
FDG FORDING CANADIAN COAL TR BUY! RSI: 70 $39.50 $37.50 $52.00 $38.81
IP INTERNAT PAPER CO BUY! *   RSI: 61 $44.25 $42.25 $59.00 $44.12
NVTL NOVATEL WIRELESS INC BUY! RSI: 61 $20.13 $18.63 $30.00 $18.94
* PHRM PHARMION CORP BUY! RSI: 78 $24.63 $22.63 $32.50 $23.15
QCOM QUALCOMM INC BUY! *   RSI: 68 $63.75 $61.25 $72.00 $62.43
RCII RENT A CENTER INC BUY! *   RSI: 59 $32.13 $30.13 $43.00 $31.85
TXU TXU CORPORATION BUY! *   RSI: 78 $28.25 $26.25 $38.00 $27.87
Drugs   DUSA: $14.88  ELN: $13.75  SEPR: $29.13 Buy Alerts

GENERAL ELECTRIC CO (GE-NYSE): Technical Viewpoint: From a low of $28.53 on Nov 21, 2003 prices rallied, reaching a high of $34.57 on Jan 28, 2004. A decline saw prices pull back, reaching a low of $32.35 on Feb 11, 2004. Another rally saw prices penetrate resistance, closing 2/23/04 at $33.42. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Dec 3, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $32.50. Resistance: Is at $34.57. Point & Figure: Reversed to the upside on Feb 20, 2004. A P&F upside reversal takes place at $32.50. Summary: Technical indicators have turned bullish. BUY! GENERAL ELECTRIC CO (GE-NYSE) @ $33.50 Stop: Use a protective stop of $31.50. GENERAL ELECTRIC CO is currently trading @ $33.42 plus $0.72 on Feb 23, 2004. Price Objective: $45.00. Risk/Reward: $2.00 VS. $11.50. Today's Risk Reward Ratio: 6:1


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