* Today's Sector Analysis: "Energy " Institutional Technical Viewpoint
Buy Alert! Shanda Interactive  (SNDA): $24.38 Stop.  $22.38 P-Stop  $32.75 P-Objective
Dow Jones Ind: 10,173.41 minus 8.33 points Aug 26, 2004 * Price Objective: 11,800    Volume Two No. 2070

EYETECH PHARMACEUTICALS (EYET-Nasdaq): Technical Viewpoint: From a low of $32.11 on Aug 11, 2004 prices rallied, reaching a high of $35.93 on Aug 11, 2004. A decline saw prices pull back, reaching a low of $32.02 on Aug 20, 2004. Another rally saw prices penetrate resistance, closing 8/26/04 at $39.20. Technicals: Momentum Index (MTM): A Buy Alert! was given on Aug 23, 2004 when the solid line crossed the dotted line to the upside. Support: Remains at $32.50. Resistance: Is at $43.85. Point & Figure: Reversed to the upside on Aug 26, 2004. A P&F upside reversal takes place at $38.00. Summary: Technical indicators have turned bullish. BUY! EYETECH PHARMACEUTICALS (EYET-Nasdaq) @ $40.13 Stop: Use a protective stop of $38.13. EYETECH PHARMACEUTICALS is currently trading @ $39.20 plus $3.92 on Aug 26, 2004. Price Objective: $51.00. Risk/Reward: $2.00 VS. $10.87. Today's Risk Reward Ratio: 5:1


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