SIEBEL SYSTEMS INC (SEBL-Nasdaq): Technical Viewpoint: From a low of $12.18 on Nov 21, 2003 prices rallied, reaching a high of $13.80 on Nov 25, 2003. A decline saw prices pull back, reaching a low of $12.67 on Dec 9, 2003. Another rally saw prices penetrate resistance, closing 1/5/04 at $15.39. Technicals: MACD Index (MACD): A Buy Alert! was given on Jan 5, 2004 when the solid line crossed the dotted line to the upside. Support: Remains at $14.00. Resistance: Is at $15.80. Point & Figure: Reversed to the upside on Oct 31, 2003. A P&F upside reversal takes place at $12.75. Summary: Technical indicators have turned bullish. BUY! SIEBEL SYSTEMS INC (SEBL-Nasdaq) @ $15.50 Stop: Use a protective stop of $14.13. SIEBEL SYSTEMS INC is currently trading @ $15.39 plus $1.40 on Jan 5, 2003. Price Objective: $24.00. Risk/Reward: $1.37 VS. $8.50. Today's Risk Reward Ratio: 6:1