* Today's Sector Analysis: "Banking " Institutional Technical Viewpoint
Buy Alert! JP Morgan Chase  (JPM): $26.50 Stop.  $24.50 P-Stop  $36.00 P-Objective
Dow Jones Ind: 8,712.02 plus 255.87 points Aug 8, 2002 * Price Objective: 12,000    Volume Two No. 1576
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
8/9/02
PRICE
OBJ
CLOSE
PRICE
AIG AMERICAN INT'L GROUP BUY! *   RSI: 58 $66.13 $63.63 $96.00 $65.51
AMGN AMGEN INC BUY! *   RSI: 66 $48.13 $46.13 $76.00 $48.03
* BK BANK OF NEW YORK BUY! *   RSI: 59 $33.63 $31.63 $45.00 $33.32
BSX BOSTON SCIENTIFIC BUY! *   RSI: 57 $29.63 $27.63 $43.00 $29.40
CCR COUNTRYWIDE CREDIT BUY! *   RSI: 67 $54.63 $52.13 $68.00 $54.10
IBM INT'L BUS MACHINES BUY! *   RSI: 53 $72.13 $69.63 $99.00 $71.61
MMM 3M COMPANY BUY! *   RSI: 57 $126.38 $123.38 $150.00 $126.20
PHA PHARMACIA CORP BUY! *   RSI: 67 $46.75 $44.75 $58.00 $46.25
Banking   BAC: $68.75  ONE: $39.63  WFC: $51.50 Buy Alerts  AMX: $13.88  CHKP: $17.38  HPQ: $13.75

ICOS CORPORATION (ICOS-Nasdaq): Technical Viewpoint: From a low of $13.35 on Jul 11, 2002 prices rallied, reaching a high of $18.10 on Jul 17, 2002. A decline saw prices pull back, reaching a low of $14.05 on Jul 18, 2002. Another rally saw prices penetrate resistance, closing 8/8/02 at $26.93. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 30, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $22.75. Resistance: Is at $27.64. Point & Figure: Reversed to the upside on Aug 7, 2002. A P&F upside reversal takes place at $24.75. Summary: Technical indicators have turned bullish. BUY! ICOS CORPORATION (ICOS-Nasdaq) @ $27.13 Stop: Use a protective stop of $25.13. ICOS CORPORATION is currently trading @ $26.93 plus $3.99 on Aug 8, 2002. Price Objective: $36.00. Risk/Reward: $2.00 VS. $8.88. Today's Risk Reward Ratio: 4:1


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