* Today's Sector Analysis: "Drugs " Institutional Technical Viewpoint
Buy Alert! Abbott Laboratories   (ABT): $42.13 Stop.  $40.13 P-Stop  $59.00 P-Objective
Dow Jones Ind: 9053.64 plus 96.41 points Aug 23, 2002 * Price Objective: 12,000    Volume Two No. 1586
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
8/23/02
PRICE
OBJ
CLOSE
PRICE
* AMGN AMGEN INC BUY! *   RSI: 63 $49.13 $47.13 $76.50 $48.54
AXP AMERICAN EXPRESS BUY! *   RSI: 61 $38.50 $36.50 $51.00 $38.19
* CEPH CEPHLON INC BUY! *   RSI: 59 $49.13 $47.13 $63.00 $48.50
ERTS ELECTRONIC ARTS BUY! *   RSI: 64 $67.88 $65.38 $80.00 $67.52
* PHA PHARMACIA CORP BUY! *   RSI: 63 $46.50 $44.50 $58.00 $46.25
QCOM QUALCOMM INC BUY! *   RSI: 61 $30.75 $28.75 $42.00 $30.25
SLB SCHLUMBERGER LTD BUY! *   RSI: 56 $44.38 $42.38 $69.00 $44.00
SNPS SYNOPSYS INC BUY! *   RSI: 61 $47.38 $45.38 $57.00 $47.25
Drugs   IDPH: $47.75  MRK: $54.13  WYE: $45.13 Buy Alerts  HPQ: $15.50  JDEC: $14.38  KG: $21.63

ELI LILLY & COMPANY (LLY-NYSE): Technical Viewpoint: From a low of $43.75 on Jul 18, 2002 prices rallied, reaching a high of $59.24 on Jul 30, 2002. A decline saw prices pull back, reaching a low of $51.35 on Aug 5, 2002. Another rally saw prices penetrate resistance, closing 8/22/02 at $62.15. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 9, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $57.75. Resistance: Is at $62.99. Point & Figure: Reversed to the upside on Aug 14, 2002. A P&F upside reversal takes place at $63.00. Summary: Technical indicators have turned bullish. BUY! ELI LILLY & COMPANY (LLY-NYSE) @ $62.25 Stop: Use a protective stop of $59.75. ELI LILLY & COMPANY is currently trading @ $62.15 plus $4.03 on Aug 22, 2002. Price Objective: $86.00. Risk/Reward: $2.50 VS. $23.75. Today's Risk Reward Ratio: 9:1


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