* Today's Sector Analysis: "Utilities " Institutional Technical Viewpoint
Buy Alert! Safeco Corp  (SAFC): $48.50 Stop.  $46.50 P-Stop  $59.50 P-Objective
Dow Jones Ind: 9,938.32 minus 6.35 points Aug 11, 2004 * Price Objective: 8,900.00    Volume Two No. 2059
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
8/12/04
PRICE
OBJ
CLOSE
PRICE
ABFS ARKANSAS BEST CORP BUY! *   RSI: 65 $37.25 $35.25 $48.00 $36.67
CNCT CONNETICS CORP BUY! *   RSI: 66 $27.88 $25.88 $38.00 $27.26
FAST FASTENAL COMPANY BUY! *   RSI: 58 $62.50 $60.13 $73.00 $62.10
FNM FANNIE MAE BUY! *   RSI: 57 $72.38 $69.88 $85.00 $72.31
JOYG JOY GLOBAL INC BUY! *   RSI: 63 $32.13 $30.13 $44.00 $31.75
MDCC MOLECULAR DEV CORP BUY! *   RSI: 68 $22.38 $20.38 $35.00 $22.07
UNH UNITEDHEALTH GROUP BUY! *   RSI: 57 $64.50 $62.13 $79.50 $64.20
VRX VALEANT PHARMACEUTICALS BUY! *   RSI: 65 $20.63 $19.13 $29.50 $20.30
Utilities   CIN: $39.38  FPL: $68.50  OKE: $22.50 Buy Alerts  PDLI: $17.63  RPM: $15.63  RSTI: $26.13

FREDDIE MAC (FRE-NYSE): Technical Viewpoint: From a low of $61.73 on Jul 1, 2004 prices rallied, reaching a high of $67.75 on Jul 19, 2004. A decline saw prices pull back, reaching a low of $63.11 on Jul 26, 2004. Another rally saw prices penetrate resistance, closing 8/11/04 at $65.93. Technicals: RSI Index (RSI): A Buy Alert! was given on Aug 10, 2004 when the solid line crossed the dotted line to the upside. Support: Remains at $63.50. Resistance: Is at $66.87. Point & Figure: Reversed to the upside on Aug 11, 2004. A P&F upside reversal takes place at $64.50. Summary: Technical indicators have turned bullish. BUY! FREDDIE MAC (FRE-NYSE) @ $66.13 Stop: Use a protective stop of $63.63. FREDDIE MAC is currently trading @ $65.93 plus $1.15 on Aug 11, 2004. Price Objective: $82.50. Risk/Reward: $2.50 VS. $16.37. Today's Risk Reward Ratio: 6:1


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