AMERICAN CAPITAL STRAT (ACAS-Nasdaq): Technical Viewpoint: From a low of $27.80 on Jul 9, 2004 prices rallied, reaching a high of $29.70 on Jul 21, 2004. A decline saw prices pull back, reaching a low of $28.20 on Jul 27, 2004. Another rally saw prices penetrate resistance, closing 8/4/04 at $30.08. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jun 21, 2004 when the Histogram crossed the "0" line to the upside. Support: Remains at $28.50. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Jul 9, 2004. A P&F upside reversal takes place at $28.50. Summary: Technical indicators have turned bullish. BUY! AMERICAN CAPITAL STRAT (ACAS-Nasdaq) @ $30.25 Stop: Use a protective stop of $28.25. AMERICAN CAPITAL STRAT is currently trading @ $30.08 plus $1.27 on Aug 4, 2004. Price Objective: $40.50. Risk/Reward: $2.00 VS. $10.25. Today's Risk Reward Ratio: 5:1