* Today's Sector Analysis: "Banking " Institutional Technical Viewpoint
Buy Alert! Osi Pharm Inc   (OSIP): $41 5/8 Stop.  $38 7/8 P-Stop  $51.00 P-Objective
Dow Jones Ind: 10,706.58 plus 19.05 points Aug 3, 2000 * Price Objective: 11,500    Volume Two No. 1091
TICKER COMPANY NAME BUY!
SELL
RSI INDEX
* OPTIONS
ENTRY
PRICE
STOPS
8/4/00
PRICE
OBJ
CLOSE
PRICE
ABSC AURORA BIOSCIENCES BUY! *   RSI: 70 $100.75 $97.75 $120.00 $99.44
ANF ABERCROMBIE & FITCH BUY! *   RSI: 75 $19.25 $17.75 $33.00 $19.00
CB CHUBB CORP BUY! *   RSI: 67 $75.75 $72.75 $99.50 $75.69
GBLX GLOBAL CROSSING LTD BUY! *   RSI: 55 $30.38 $28.25 $42.00 $30.12
IBM INT'L BUSINESS MACH BUY! *   RSI: 59 $116.62 $113.50 $125.00 $30.12
MER MERRILL LYNCH & CO BUY! *   RSI: 57 $131.87 $128.75 $150.00 $130.75
RDA READER'S DIGEST ASSN BUY! *   RSI: 64 $40.62 $37.87 $51.00 $40.38
SAPE SAPIENT CORP BUY! *   RSI: 64 $138.62 $135.50 $186.00 $137.44
Banking   JPM: $135 7/8  WFC: $44 1/8  WM: $35 3/8 Buy Alerts  COMS: $17 1/4  CPQ: $29 1/8  PSFT: $23 1/8

BANK ONE CORP (ONE-NYSE): Technical Viewpoint: From a low of $26.53 on Jun 30, 2000 prices rallied, reaching a high of $33 7/8 on Jul 20, 2000. A decline saw prices pull back, reaching a low of $31.56 on Jul 28, 2000. Another rally saw prices penetrate resistance, closing 8/3/00 at $34.44. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Jul 19, 2000 when the Histogram crossed the "0" line to the upside. Support: Remains at $32.00. Resistance: Is at $36.00. Point & Figure: Reversed to the upside on Aug 3, 2000. A P&F upside reversal takes place at $32 1/2. Summary: Technical indicators have turned bullish. BUY! BANK ONE CORP (ONE-NYSE) @ $34 1/2 Stop: Use a protective stop of $31 3/4. BANK ONE CORP is currently trading @ $34.44 plus $1.44 on Aug 3, 2000. Price Objective: $46 1/4. Risk/Reward: $2 3/4 VS. $11 3/4. Today's Risk Reward Ratio: 4:1


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