CBS CORP (CBS-NYSE): Technical Viewpoint: From a low of $43.19 on Oct 15, 1999 prices rallied, reaching a high of $55 1/8 on Nov 19, 1999. A decline saw prices pull back, reaching a low of $51.19 on Nov 29, 1999. Another rally saw prices penetrate resistance, closing 12/17/99 at $59.81. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Nov 1, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $55.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Dec 17, 1999. A P&F upside reversal takes place at $58.00. Summary: Technical indicators have turned bullish. BUY! CBS CORP (CBS-NYSE) @ $60 1/8 Stop: Use a protective stop of $57 1/2. CBS CORP is currently trading @ $59.81 plus $3.31 on Dec 17, 1999. Price Objective: $70.00. Risk/Reward: $2 5/8 VS. $9 7/8. Today's Risk Reward Ratio: 4:1