AMERICAN EXPRESS CO (AXP-NYSE): Technical Viewpoint: From a low of $26.00 on Oct 8, 2001 prices rallied, reaching a high of $32.19 on Oct 17, 2001. A decline saw prices pull back, reaching a low of $28.81 on Nov 1, 2001. Another rally saw prices penetrate resistance, closing 11/7/01 at $31.68. Technicals: RSI Index (RSI): A Buy Alert! was given on Nov 2, 2001 when the solid line crossed the dotted line to the upside. Support: Remains at $29.50. Resistance: Is at $32.19. Point & Figure: Reversed to the upside on Nov 5, 2001. A P&F upside reversal takes place at $30.00. Summary: Technical indicators have turned bullish. BUY! AMERICAN EXPRESS CO (AXP-NYSE) @ $31.88 Stop: Use a protective stop of $29.38. AMERICAN EXPRESS CO is currently trading @ $31.68 plus $1.12 on Nov 7, 2001. Price Objective: $40.50. Risk/Reward: $2.50 VS. $8.63. Today's Risk Reward Ratio: 3:1