* Today's Sector Analysis: "Oil & Gas " Institutional Technical Viewpoint
Buy Alert! Applied Materials Inc  (AMAT): $55.12 Stop.  $52.50 P-Stop  $76.00 P-Objective
Dow Jones Ind: 11,301.74 plus 53.16 points May 18, 2001 * Price Objective: 11,300    Volume Two No. 1286
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
5/21/01
PRICE
OBJ
CLOSE
PRICE
AOL AOL TIME WARNER BUY! *   RSI: 69 $54.87 $52.12 $63.00 $54.43
DOX AMDOCS LTD BUY! *   RSI: 70 $66.12 $63.50 $87.00 $66.05
ENZN ENZON INC BUY! *   RSI: 70 $64.50 $61.75 $82.00 $68.12
IDTI INTEGRATED DEVICE BUY! *   RSI: 61 $44.50 $41.62 $59.00 $44.08
IGT INTERNAT GAME TECH BUY! *   RSI: 67 $60.12 $57.38 $89.00 $59.85
PGR PROGRESSIVE CORP BUY! *   RSI: 74 $126.12 $123.12 $159.00 $125.70
Q QWEST COMMCTNS BUY! *   RSI: 55 $38.75 $36.12 $54.00 $38.60
SVGI SILICON VALLEY GROUP BUY! *   RSI: 58 $34.25 $31.75 $52.00 $34.09
Oil & Gas   BR: $50.12  OEI: $20.25  XOM: $90.38 Buy Alerts  APCC: $18.62  PWER: $24.25  SUNW: $20.12

VERITAS SOFTWARE (VRTS-Nasdaq): Technical Viewpoint: From a low of $55.25 on Mar 26, 2001 prices rallied, reaching a high of $72.60 on May 4, 2001. A decline saw prices pull back, reaching a low of $60.43 on May 14, 2001. Another rally saw prices penetrate resistance, closing 5/18/01 at $73.81. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Apr 20, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $62.50. Resistance: Is at $85.88. Point & Figure: Reversed to the upside on May 15, 2001. A P&F upside reversal takes place at $71.00. Summary: Technical indicators have turned bullish. BUY! VERITAS SOFTWARE (VRTS-Nasdaq) @ $74.62 Stop: Use a protective stop of $71.75. VERITAS SOFTWARE is currently trading @ $73.81 plus $4.61 on May 18, 2001. Price Objective: $106.00. Risk/Reward: $2.87 VS. $31.38. Today's Risk Reward Ratio: 11:1


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