TRANSOCEAN INC (RIG-NYSE): Technical Viewpoint: From a low of $33.70 on Oct 19, 2004 prices rallied, reaching a high of $37.19 on Oct 22, 2004. A decline saw prices pull back, reaching a low of $34.01 on Nov 2, 2004. Another rally saw prices penetrate resistance, closing 10/10/04 at $36.46. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Nov 4, 2004 when the solid line crossed the dotted line to the upside. Support: Remains at $34.25. Resistance: Is at $32.25. Point & Figure: Reversed to the upside on Oct 29, 2004. A P&F upside reversal takes place at $34.00. Summary: Technical indicators have turned bullish. BUY! TRANSOCEAN INC (RIG-NYSE) @ $36.75 Stop: Use a protective stop of $34.75. TRANSOCEAN INC is currently trading @ $36.46 plus $1.63 on Nov 10, 2004. Price Objective: $49.75. Risk/Reward: $2.00 VS. $13.00. Today's Risk Reward Ratio: 6:1