LONE STAR TECHNOLOGIES (LSS-NYSE): Technical Viewpoint: From a low of $18.19 on May 20, 2004 prices rallied, reaching a high of $28.51 on Jul 6, 2004. A decline saw prices pull back, reaching a low of $26.13 on Jul 13, 2004. Another rally saw prices penetrate resistance, closing 7/15/04 at $28.90. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jun 1, 2004 when the Histogram crossed the "0" line to the upside. Support: Remains at $26.50. Resistance: Is at $24.50. Point & Figure: Reversed to the upside on Jul 9, 2004. A P&F upside reversal takes place at $27.50. Summary: Technical indicators have turned bullish. BUY! LONE STAR TECHNOLOGIES (LSS-NYSE) @ $29.25 Stop: Use a protective stop of $27.25. LONE STAR TECHNOLOGIES is currently trading @ $28.90 plus $1.50 on Jul 15, 2004. Price Objective: $39.50. Risk/Reward: $2.00 VS. $10.25. Today's Risk Reward Ratio: 5:1