NORTHROP GRUMMAN CORP (NOC-NYSE): Technical Viewpoint: From a low of $81.29 on Sep 10, 2001 prices rallied, reaching a high of $99.10 on Sep 17, 2001. A decline saw prices pull back, reaching a low of $93.30 on Sep 18, 2001. Another rally saw prices penetrate resistance, closing 9/20/01 at $101.91. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 22, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $93.75. Resistance: Is at $108.63. Point & Figure: Reversed to the upside on Sep 20, 2001. A P&F upside reversal takes place at $99.75. Summary: Technical indicators have turned bullish. BUY! NORTHROP GRUMMAN CORP (NOC-NYSE) @ $102.25 Stop: Use a protective stop of $99.25. NORTHROP GRUMMAN CORP is currently trading @ $101.91 plus $4.91 on Sep 20, 2001. Price Objective: $119.00. Risk/Reward: $3.00 VS. $16.75. Today's Risk Reward Ratio: 5:1