* Today's Sector Analysis: "Aerospace/Defense " Institutional Technical Viewpoint
Buy Alert! Paccar Inc  (PCAR): $45.25 Stop.  $43.25 P-Stop  $55.00 P-Objective
Dow Jones Ind: 11,659.90 plus 43.97 points Aug 15, 2008 * Price Objective: 55.00    Volume Two No. 2290

EMBARQ CORP (EQ-NYSE): Technical Viewpoint: From a low of $42.35 on Jul 16, 2008 prices rallied, reaching a high of $47.93 on Jul 23, 2008. A decline saw prices pull back, reaching a low of $43.28 on Jul 30, 2008. Another rally saw prices penetrate resistance, closing 8/15/08 at $49.30. Technicals: MACD Index (MACD): A Buy Alert! was given on Aug 11, 2008 when the solid line crossed the dotted line to the upside. Support: Remains at $44.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jul 31, 2008. A P&F upside reversal takes place at $46.00. Summary: Technical indicators have turned bullish. BUY! Embarq Corp (EQ-NYSE) @ $49.50 Stop: Use a protective stop of $47.50. Embarq Corp is currently trading @ $49.30 plus $1.81 on Aug 15, 2008. Price Objective: $59.50. Risk/Reward: $2.00 VS. $10.00. Today's Risk Reward Ratio: 5:1


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