BUILDING MATERIALS HLDG (BMHC-Nasdaq): Technical Viewpoint: From a low of $17.17 on Jul 26, 2004 prices rallied, reaching a high of $22.50 on Aug 2, 2004. A decline saw prices pull back, reaching a low of $20.42 on Aug 10, 2004. Another rally saw prices penetrate resistance, closing 9/12/04 at $23.60. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 28, 2004 when the Histogram crossed the "0" line to the upside. Support: Remains at $22.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Aug 12, 2004. A P&F upside reversal takes place at $22.75. Summary: Technical indicators have turned bullish. BUY! BUILDING MATERIALS HLDG (BMHC-Nasdaq) @ $23.88 Stop: Use a protective stop of $21.88. BUILDING MATERIALS HLDG is currently trading @ $23.60 plus $1.55 on Aug 12, 2004. Price Objective: $33.50. Risk/Reward: $2.00 VS. $9.62. Today's Risk Reward Ratio: 5:1