JOHNSON & JOHNSON (JNJ-NYSE): Technical Viewpoint: From a low of $56.60 on Oct 10, 2002 prices rallied, reaching a high of $61.30 on Oct 21, 2002. A decline saw prices pull back, reaching a low of $55.86 on Oct 29, 2002. Another rally saw prices penetrate resistance, closing 10/31/02 at $58.75. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 31, 2002 when the Histogram crossed the "0" line to the upside. Support: Remains at $56.25. Resistance: Is at $61.30. Point & Figure: Reversed to the upside on Oct 31, 2002. A P&F upside reversal takes place at $56.25. Summary: Technical indicators have turned bullish. BUY! JOHNSON & JOHNSON (JNJ-NYSE) @ $59.13 Stop: Use a protective stop of $57.13. JOHNSON & JOHNSON is currently trading @ $58.75 plus $1.45 on Oct 31, 2002. Price Objective: $75.00. Risk/Reward: $2.50 VS. $15.88. Today's Risk Reward Ratio: 6:1