BLACK & DECKER CORP (BDK-NYSE): Technical Viewpoint: From a low of $38.38 on Aug 15, 2003 prices rallied, reaching a high of $44.33 on Sep 4, 2003. A decline saw prices pull back, reaching a low of $39.51 on Oct 3, 2003. Another rally saw prices penetrate resistance, closing 10/22/03 at $45.96. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 22, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $43.50. Resistance: Is at $47.47. Point & Figure: Reversed to the upside on Oct 22, 2003. A P&F upside reversal takes place at $45.00. Summary: Technical indicators have turned bullish. BUY! BLACK & DECKER CORP (BDK-NYSE) @ $46.75 Stop: Use a protective stop of $44.75. BLACK & DECKER CORP is currently trading @ $45.96 plus $2.59 on Oct 22, 2003. Price Objective: $56.00. Risk/Reward: $2.00 VS. $9.25. Today's Risk Reward Ratio: 5:1