AMERADA HESS CORP (AHC-NYSE): Technical Viewpoint: From a low of $46.15 on Dec 4, 2003 prices rallied, reaching a high of $59.02 on Jan 21, 2004. A decline saw prices pull back, reaching a low of $56.02 on Feb 5, 2004. Another rally saw prices penetrate resistance, closing 2/10/04 at $59.53. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Dec 16, 2003 when the Histogram crossed the "0" line to the upside. Support: Remains at $56.50. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Feb 9, 2004. A P&F upside reversal takes place at $58.00. Summary: Technical indicators have turned bullish. BUY! AMERADA HESS CORP (AHC-NYSE) @ $59.63 Stop: Use a protective stop of $57.13. AMERADA HESS CORP is currently trading @ $59.53 plus $1.43 on Feb 10, 2004. Price Objective: $69.00. Risk/Reward: $2.50 VS. $9.37. Today's Risk Reward Ratio: 4:1