BUY! LEXINGTON CORPORATE PROP (LXP) NYSE

  Report No. 2204    Analysis by: Harry Aloof     JANUARY 1, 2007

LEXINGTON CORPORATE PROP (LXP-NYSE): Technical Viewpoint: From a low of $20.40 on Nov 3, 2006 prices rallied, reaching a high of $22.47 on Dec 11, 2006. A decline saw prices pull back, reaching a low of $21.35 on Dec 26, 2006. Another rally saw prices penetrate resistance, closing 12/29/06 at $22.42. Technicals: MACD Index (MACD): A Buy Alert! was given on Dec 28, 2006 when the solid line crossed the dotted line to the upside. Support: Remains at $18.50. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Aug 14, 2006. A P&F upside reversal takes place at $20.00. Summary: Technical indicators have turned bullish. BUY! LEXINGTON CORPORATE PROP (LXP-NYSE) @ $22.75 Stop: Use a protective stop of $20.75. LEXINGTON CORPORATE PROP is currently trading @ $22.42 plus $0.48 on Dec 29, 2006. Price Objective: $33.50. Risk/Reward: $2.00 VS. $10.75. Today's Risk Reward Ratio: 5:1

Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study

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Price Objective:
$33.50 Risk/Reward:
$2.00 VS. $10.75 Risk/Reward Ratio:
5:1
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