BJ SERVICES CO (BJS-NYSE): Technical Viewpoint: From a low of $26.58 on Jul 24, 2002 prices rallied, reaching a high of $33.48 on Jul 30, 2002. A decline saw prices pull back, reaching a low of $27.40 on Aug 7, 2002. Another rally saw prices penetrate resistance, closing 8/12/02 at $32.23. Technicals: MACD Index (MACD): A Buy Alert! was given on Aug 8, 2002 when the solid line crossed the dotted line to the upside. Support: Remains at $27.75. Resistance: Is at $33.48. Point & Figure: Reversed to the upside on Aug 9, 2002. A P&F upside reversal takes place at $31.00. Summary: Technical indicators have turned bullish. BUY! BJ SERVICES CO (BJS-NYSE) @ $32.88 Stop: Use a protective stop of $30.88. BJ SERVICES CO is currently trading @ $32.23 plus $0.66 on Aug 12, 2002. Price Objective: $45.00. Risk/Reward: $2.00 VS. $12.13. Today's Risk Reward Ratio: 6:1