MOHAWK INDUSTRIES (MHK-NYSE): Technical Viewpoint: From a low of $77.90 on Jan 31, 2007 prices rallied, reaching a high of $87.76 on Feb 2, 2007. A decline saw prices pull back, reaching a low of $82.40 on Feb 9, 2007. Another rally saw prices penetrate resistance, closing 2/16/07 at $93.89. Technicals: MACD Index (MACD): A Buy Alert! was given on Feb 16, 2007 when the solid line crossed the dotted line to the upside. Support: Remains at $87.00. Resistance: Is at None at current levels. Point & Figure: Reversed to the upside on Feb 16, 2007. A P&F upside reversal takes place at $91.00. Summary: Technical indicators have turned bullish. BUY! MOHAWK INDUSTRIES (MHK-NYSE) @ $94.38 Stop: Use a protective stop of $91.63. MOHAWK INDUSTRIES is currently trading @ $93.89 plus $9.26 on Feb 16, 2007. Price Objective: $125.00. Risk/Reward: $2.75 VS. $30.62. Today's Risk Reward Ratio: 11.1