PROCTER & GAMBLE CO (PG-NYSE): Technical Viewpoint: From a low of $70.51 on Oct 25, 2001 prices rallied, reaching a high of $79.00 on Nov 19, 2001. A decline saw prices pull back, reaching a low of $74.76 on Dec 7, 2001. Another rally saw prices penetrate resistance, closing 12/13/01 at $80.90. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 31, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $77.00. Resistance: Is at $96.25. Point & Figure: Reversed to the upside on Dec 12, 2001. A P&F upside reversal takes place at $78.75. Summary: Technical indicators have turned bullish. BUY! PROCTER & GAMBLE CO (PG-NYSE) @ $81.25 Stop: Use a protective stop of $78.50. PROCTER & GAMBLE CO is currently trading @ $80.90 plus $0.95 on Dec 13, 2001. Price Objective: $90.00. Risk/Reward: $2.75 VS. $8.75. Today's Risk Reward Ratio: 3:1