POTLATCH CORP (PCH-NYSE): Technical Viewpoint: From a low of $37.66 on Aug 13, 2004 prices rallied, reaching a high of $45.00 on Sep 27, 2004. A decline saw prices pull back, reaching a low of $42.45 on Sep 14, 2004. Another rally saw prices penetrate resistance, closing 9/23/04 at $45.00. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 26, 2004 when the Histogram crossed the "0" line to the upside. Support: Remains at $43.63. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Sep 23, 2004. A P&F upside reversal takes place at $43.50. Summary: Technical indicators have turned bullish. BUY! POTLATCH CORP (PCH-NYSE) @ $45.25 Stop: Use a protective stop of $43.25. POTLATCH CORP is currently trading @ $45.00 plus $1.44 on Sep 23, 2004. Price Objective: $56.00. Risk/Reward: $2.00 VS. $10.75. Today's Risk Reward Ratio: 5:1