* Today's Sector Analysis: "Oil & Gas " Institutional Technical Viewpoint
Buy Alert! Dia Offshre Drill   (Do): $39 5/8 Stop.  $37 1/8 P-Stop  $60.00 P-Objective
Dow Jones Ind: 10,707.70 minus 6.33 pts. * Trade w/caution & Tighten Stops Aug 10, 1999   Volume Two No. 847
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
8/10/99
PRICE
OBJ
CLOSE
PRICE
ALTR ALTERA CORP BUY! *   RSI: 55 $40.87 $38.58 $54.00 $40.38
DELL DELL COMPUTER BUY! *   RSI: 54 $41.87 $39.50 $50.00 $41.00
IIJI INTERNET INITIATIVE BUY! RSI: 65 $36.50 $33.87 $NONE $35.00
INTC INTEL CORP BUY! *   RSI: 68 $74.50 $71.62 $82.00 $73.44
MU MICRON TECHNOLOGY BUY! *   RSI: 74 $68.87 $66.38 $75.00 $67.81
NEM NEWMONT MINING BUY! *   RSI: 64 $21.12 $19.12 $28.50 $20.86
SBGI SINCLAIR BROADCASTING BUY! *   RSI: 76 $21.62 $19.75 $32.50 $21.44
SSTI SILICON STORAGE BUY! *   RSI: 87 $18.50 $17.00 $NONE $17.80
Oil & Gas   BHI: $35 3/4  HAL: $51 7/8  SLB: $67 3/4 Buy Alerts  CORL: $4 7/8  HM: $8 3/4  PAX: $15 1/2

APPLIED MATERIALS INC (AMAT-Nasdaq): Technical Viewpoint: From a low of $53 1/2 on Jun 2, 1999 prices rallied, reaching a high of $79.94 on Jul 19, 1999. A decline saw prices pull back, reaching a low of $68.06 on Jul 22, 1999. Another rally saw prices penetrate resistance, closing 8/9/99 at $77 7/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 9, 1999 when the Histogram crossed the "0" line to the upside. Support: Remains at $70 1/2. Resistance: Is at $73 1/2. Point & Figure: Reversed to the upside on Aug 6, 1999. A P&F upside reversal takes place at $73 1/2. Summary: Technical indicators have turned bullish. BUY! APPLIED MATERIALS INC (AMAT-Nasdaq) @ $79 1/4 Stop: Use a protective stop of $76 1/2. APPLIED MATERIALS INC is currently trading @ $77 7/8 plus $3.19 on Aug 9, 1999. Price Objective: $98.00. Risk/Reward: $2 3/4 VS. $18 3/4. Today's Risk Reward Ratio: 7:1


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