ELI LILLY & COMPANY (LLY-NYSE): Technical Viewpoint: From a low of $74.25 on Jul 17, 2001 prices rallied, reaching a high of $80.48 on Jul 31, 2001. A decline saw prices pull back, reaching a low of $76.70 on Aug 10, 2001. Another rally saw prices penetrate resistance, closing 8/20/01 at $81.09. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Aug 1, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $77.25. Resistance: Is at $82.85. Point & Figure: Reversed to the upside on Aug 15, 2001. A P&F upside reversal takes place at $78.75. Summary: Technical indicators have turned bullish. BUY! ELI LILLY & COMPANY (LLY-NYSE) @ $81.38 Stop: Use a protective stop of $78.63. ELI LILLY & COMPANY is currently trading @ $81.09 plus $1.29 on Aug 20, 2001. Price Objective: $92.00. Risk/Reward: $2.75 VS. $10.62. Today's Risk Reward Ratio: 4:1