* Today's Sector Analysis: "Drugs " Institutional Technical Viewpoint
Buy Alert! Brocade Commun  (BRCD): $47.50 Stop.  $44.75 P-Stop  $78.00 P-Objective
Dow Jones Ind: 11,215.92 plus 342.95 May 16, 2001 * Price Objective: 11,300    Volume Two No. 1284
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
5/17/01
PRICE
OBJ
CLOSE
PRICE
AFL AFLAC INC BUY! *   RSI: 66 $32.38 $29.75 $40.00 $32.23
AOL AOL TIME WARNER BUY! *   RSI: 66 $53.25 $50.50 $69.00 $53.04
C CITIGROUP BUY! *   RSI: 62 $52.12 $49.62 $63.00 $51.79
GE GENERAL ELECTRIC BUY! *   RSI: 69 $52.38 $49.50 $61.50 $52.21
PSFT PEOPLESOFT INC BUY! *   RSI: 64 $40.12 $37.50 $50.00 $40.00
QCOM QUALCOMM INC BUY! *   RSI: 59 $65.12 $62.38 $110.00 $64.76
SAWS SAWTEK INC BUY! *   RSI: 69 $28.75 $26.75 $36.75 $28.26
SPY STANDARD & POORS BUY! *   RSI: 64 $129.21 $126.50 $141.00 $128.95
Drugs   AMGN: $65.12  IMCL: $45.12  JNJ: $100.25 Buy Alerts  FDRY: $19.87  GX: $15.12  ITWO: $22.25

SIEBEL SYSTEMS INC (SEBL-Nasdaq): Technical Viewpoint: From a low of $22.95 on Apr 3, 2001 prices rallied, reaching a high of $49.50 on May 2, 2001. A decline saw prices pull back, reaching a low of $39.52 on May 14, 2001. Another rally saw prices penetrate resistance, closing 5/16/01 at $47.84. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on May 16, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $40.75. Resistance: Is at $49.00. Point & Figure: Reversed to the upside on May 15, 2001. A P&F upside reversal takes place at $45.00. Summary: Technical indicators have turned bullish. BUY! Siebel Systems Inc (SEBL-Nasdaq) @ $48.12 Stop: Use a protective stop of $45.38. Siebel Systems Inc is currently trading @ $47.84 plus $5.13 on May 16, 2001. Price Objective: $68.00. Risk/Reward: $2.75 VS. $19.88. Today's Risk Reward Ratio: 7:1


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