SCHLUMBERGER LTD (SLB-NYSE): Technical Viewpoint: From a low of $42.10 on Nov 15, 2001 prices rallied, reaching a high of $53.70 on Dec 5, 2001. A decline saw prices pull back, reaching a low of $49.80 on Dec 13, 2001. Another rally saw prices penetrate resistance, closing 12/26/01 at $55.89. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on Dec 3, 2001 when the Histogram crossed the "0" line to the upside. Support: Remains at $50.25. Resistance: Is at $56.90. Point & Figure: Reversed to the upside on Dec 19, 2001. A P&F upside reversal takes place at $53.25. Summary: Technical indicators have turned bullish. BUY! SCHLUMBERGER LTD (SLB-NYSE) @ $56.13 Stop: Use a protective stop of $53.63. SCHLUMBERGER LTD is currently trading @ $55.89 plus $2.79 on Dec 26, 2001. Price Objective: $73.00. Risk/Reward: $2.50 VS. $16.88. Today's Risk Reward Ratio: 7:1