* Today's Sector Analysis: "Drugs " Institutional Technical Viewpoint
Buy Alert! Qlt Incorporated  (QLTI): $19.13 Stop.  $17.63 P-Stop  $30.50 P-Objective
Dow Jones Ind: 9,853.64 minus 45.41 points Dec 2, 2003 * Price Objective: 10,500    Volume Two No. 1896
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
12/3/03
PRICE
OBJ
CLOSE
PRICE
BLS BELLSOUTH CORP BUY! *   RSI: 65 $27.13 $25.13 $40.00 $26.85
CNO CONSECO INC BUY! *   RSI: 63 $20.88 $19.38 $28.00 $20.73
EDS ELECTRONIC DATA BUY! *   RSI: 64 $23.13 $20.13 $36.00 $22.88
HPQ HEWLETT-PACKARD BUY! *   RSI: 57 $22.63 $20.63 $34.00 $22.45
* IMCL IMCLONE SYSTEMS BUY! *   RSI: 70 $43.38 $41.38 $51.00 $42.58
MALL PC MALL INC BUY! *   RSI: 75 $15.88 $14.38 $28.88 $15.27
OMC OMNICOM GROUP INC BUY! *   RSI: 73 $84.25 $81.50 $98.00 $84.04
TLRK TULARIK INC BUY! *   RSI: 77 $16.13 $14.63 $27.00 $15.65
Drugs   ABC: $66.50  GENZ: $49.13  VRX: $25.50 Buy Alerts  ENBT: $15.75  GE: $29.50  OSTK: $20.63

CIGNA CORP (CI-NYSE): Technical Viewpoint: From a low of $46.90 on Oct 30, 2003 prices rallied, reaching a high of $58.58 on Nov 6, 2003. A decline saw prices pull back, reaching a low of $52.03 on Nov 21, 2003. Another rally saw prices penetrate resistance, closing 12/2/03 at $55.86. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Oct 14, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $53.75. Resistance: Is at $56.99. Point & Figure: Reversed to the upside on Nov 17, 2003. A P&F upside reversal takes place at $53.00. Summary: Technical indicators have turned bullish. BUY! CIGNA CORP (CI-NYSE) @ $56.38 Stop: Use a protective stop of $53.86. CIGNA CORP is currently trading @ $55.86 plus $1.75 on Dec 2, 2003. Price Objective: $69.00. Risk/Reward: $2.50 VS. $12.62. Today's Risk Reward Ratio: 5:1


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