VARIAN INC (VARI-Nasdaq): Technical Viewpoint: From a high of $31.25 on Sep 30, 2003 prices declined, reaching a low of $35.93 on Oct 13, 2003. A rally saw prices pull back, reaching a high of $33.50 on Oct 23, 2003. Another decline saw prices penetrate support, closing 11/6/03 at $39.83. Technicals: MACD-Histogram (MACD-H): A Sell Alert! was given on Oct 8, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $36.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the downside on Nov 6, 2003. A P&F downside reversal takes place at $38.50. Summary: Technical indicators have turned bearish. SELL! Varian Inc (VARI-Nasdaq) @ $40.50 Stop: Use a protective stop of $38.50. Varian Inc is currently trading @ $39.83 minus $3.44 on Nov 6, 2003. Price Objective: $54.00. Risk/Reward: $2.00 VS. $13.50. Today's Risk Reward Ratio: 7:1