HARRAH'S ENTERTAINMENT (HET-NYSE): Technical Viewpoint: From a low of $33.70 on Apr 30, 2001 prices rallied, reaching a high of $36.87 on May 18, 2001. A decline saw prices pull back, reaching a low of $34.82 on May 29, 2001. Another rally saw prices penetrate resistance, closing 6/11/01 at $38.08. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Apr 17, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $37.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on May 30, 2001. A P&F upside reversal takes place at $36.50. Summary: Technical indicators have turned bullish. BUY! HARRAH'S ENTERTAINMENT (HET-NYSE) @ $38.25 Stop: Use a protective stop of $35.75. HARRAH'S ENTERTAINMENT is currently trading @ $38.08 plus $1.07 on Jun 11, 2001. Price Objective: $56.00. Risk/Reward: $2.50 VS. $17.75. Today's Risk Reward Ratio: 7:1