COLGATE-PALMOLIVE (CL-NYSE): Technical Viewpoint: From a low of $45.90 on Jun 26, 2002 prices rallied, reaching a high of $51.85 on Jun 27, 2002. A decline saw prices pull back, reaching a low of $44.05 on Jul 19, 2002. Another rally saw prices penetrate resistance, closing 8/1/02 at $52.42. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 1, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $49.00. Resistance: Is at $55.91. Point & Figure: Reversed to the upside on Aug 1, 2002. A P&F upside reversal takes place at $51.00. Summary: Technical indicators have turned bullish. BUY! COLGATE-PALMOLIVE (CL-NYSE) @ $53.13 Stop: Use a protective stop of $50.63. COLGATE-PALMOLIVE is currently trading @ $52.42 plus $1.07 on Aug 1, 2002. Price Objective: $64.00. Risk/Reward: $2.50 VS. $10.88. Today's Risk Reward Ratio: 4:1