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FuturesCom Investment Publications
Morning Comments

September 27th,  2001
Experienced Since 1979 - Serving Professional and Individual Traders World Wide since 1988
7690 Rockport Circle, Lake Worth, Florida 33467 Tel: 1-561-433-2995 http://www.futurescom.com



"Accomplishments will prove to be a journey, not a destination"
--Dwight  D. Eisenhower--

Morning Comments 
Thursday Sept 27th, 2001

5:00 AM 

                                            Financial Markets 

On the Frenzied Forex Front
December Japanese Yen
Recommended BW Position: Short 8560

Support
should appear near 8407 to 8391..
Resistance
should appear near 8484 to 8499..

December Euro FX
Support is at 9156 to 9140 
Resistance
should appear near the 9234 region .  

Stay tuned for Updates…  

December Swiss Franc  
Recommended BW Position : Short 6203
Resistance should appear near 6256 to 6270 

Support
should appear near 6190 to 6165..
BW Traders should go short if a close under 6255 occurs..

December
  British Pound

Support should appear near 1.4646 and 1.4590 to 1.4530
Resistance
is at 1.4710 and should contain  a rally for a bit.. 

December Canadian  Dollar

Support should appear at  6337.below that buyers should appear near the 6270 to 6256 region. 

Resistance is at 6350 then 6383.. 

December Australian Dollar
Support
is at 4856 to 4845 region . 
Resistance
should appear near 4916 to 4926

The Sensational Bond and Stock Markets

30 Year December  Bonds  
recommended position Short 104-21

Resistance should appear near 104-27 then 105-07 and 105-12 
Support is at 104-12 and 104-07 then 103-23. 

Dow Jones Industrial Average

Nearby Resistance should appear near 8589 then 8668 to 8683 and  8762 to 8777. 

Nearby Support is a 8529 then 8499 to 8484 .

December SP500
Resistance is at 1018.50 and 1025.30.. An extended trade over or close over is friendly and augurs for an eventual test of 1032.00 to 1036.00 and Beyond towards the 1058 to 1068 region. 

Support should appear near 1011.80 and 1005.00 to 1000.00 then 993.70 to 992.10.. a slip under is negative and augurs for a test of 983.70 to 982.90.....

 Stay Tuned for Updates and Day Trade (MC) Flashes .... 

Nasdaq Composite

Resistance
is at 1529 to 1535 and the 1569 to 1576 region.. Beyond that sellers should appear near 1609 to 1615
and Cap a rally ..
Support is at  1496 to 1484 and 1459 to 1453..

December Mini- Nasdaq 100

Resistance
is at 1169 then 1192 t0 1203 and 1232 to 1238 

Support is at 1153 and the 1136 to 1130 region..  


                                                              Precious Metals

December  Gold
Recommended Position: Long 294.8
Support should appear near 292.8 then 288.3 to 287.4 under that support should appear near 282.9 to 282.0 and the 277.5 to 275.8 region .BW .Traders can buy at 283.1 for a turn higher , risk a close under 275.8 for three days in a row..
Resistance
is at 297.2 to 299.0  region...a close over 299 is friendly and augurs for a test of 303.6 to 320.5  

Trade Accordingly and  tuned for updates..

December Copper
Recommended BW  Position: Long 6790

Support should appear near  6510 to 6480 and the 6430 to 6415 region...  Below that 6350 to 6335 should contain a decline for a bit.. 

Resistance
should appear near 6590 then 6655 to 6670
BW Traders should go long if a close over 6670 occurs. 

December Silver

Support should appear near 457.5 to 455.5 and 451.5 to 450.5 

Resistance is at 463.5 to 465 and 469 1/2 to 471


                                    The Exciting Energies  

November Crude Oil
Recommended BW Position Long 2420

Resistance is at 2315 to 2322 and 2354 to 2370  
Support is at 2275 to 2267 then 2226 to 2219 ..

November Unleaded Gas
Recommended BW Position: Long 6840
Support should appear near  6350 to 6335 then 6270 to 6255 and the 6115 to 6100  region..
Resistance
is at  6415 to 6435 and 6485 to 6500   

November Heating Oil  
Recommended BW Position: Long at 6655
Resistance
is at 6740 to 6755 and 6805 to 6835.  
Support should appear near 6590 to 6565 and 6435 to 6415 .


The Lively Livestock Markets

October Cattle
Support
should appear near 6672 to 6652 under that 6592 to 6572 should contain another decline..

Resistance
is at 6742 to 6757 .

December Cattle
Recommended position Long 6837

Support
should appear near  6837 to 6807 and 6757 to 6742..   
Resistance
is at 6907 to 6922

October Hogs  
Support
should appear near 5732 to 5717 region..BW  Traders can buy at 5732 and risk a close under 5717 for three days in a row.

Resistance
is at  5792 to 5807 then 5857 to 5882  

Stay Tuned for updates and Flashes

December Hogs  

Support
is at 5357 to 5342 and the 5282 to 5257 region..BW  Traders can buy at 5282 and risk a close under 5197 for three days in a row..

Resistance
is at 5417 to 5432.

February Pork Bellies
Recommended Position Long 7950
Support
should appear near  7427 to 7412 and the 7342 to 7327 region ....
Resistance
is at 7587 to 7602 and 7672 to 7687.    

                                                 Stay tuned for Livestock Updates and Flashes


                                                  The ‘Grand’ Grain Markets
November  Soybeans
Recommended BW Position : Long 486

Nearby Resistance
is at the 469 1/2 to 471 3/4 region  
BW Traders should go long if a close over 472 occurs.. 

Support
should appear near 465 to 463 1/2 and 458 to 457

December Soybean Meal
Recommended  BW Position: Long 2 at 167.7 avg.
R
esistance should appear near the 163.1and 164.2 to 165.5
Support is at 161.5 to 160.9  and the 157.6 to 156 region.
 

December Soybean Oil
Support is near 1655 to 1642 and 1615 to 1609.
Resistance
should appear near the 1689 to 1696. Beyond that sellers should appear near 1731 to 1738 .. 

December Corn

Resistance should appear near 217 to 218 1/2 .  
Support should appear near the 213 1.2 to 212 3/4 region. 

December Wheat  
Support
should appear near 272 3/4 to 271 1/2 and 267 1/2 to 266  
Resistance is at 277 1/2 and 282 to 282 3/4. 


The Satisfying Softs

December Cotton  

Support
should appear near 3625 to 3610 and 3565 to 3550 then 3505 to 3490...BW  Traders can buy at 3505 and risk a close under 3375 for three days in a row.  
Resistance is at 3665 to 3685 and 3795 to 3805. 

December  Coffee  

Support
is near the 4855 to 4845 and 4715 to 4690 and  4515 to 4505.. 

Resistance should appear near 4915 to 4925 and 4970 to 4995 then 5035 to 5065 and the 5125 to 5140 region . Beyond that a test of 5345 to 5355 is likely .. 

Stay tuned for updates

March Sugar
Recommended BW Position: Long at 687
Nearby Resistance should appear  near 682 to 686
Support
should appear near the 661 to 656 and the 634 to 630 region.. 

D
ecember Cocoa

Support is at the 1005 to 1000 then 986 and the  972 to 968 region
BW Traders can buy at 972 and risk a close under 929  for three days in a row 
Resistance should appear near 1018 and 1032 to 1036 

--A ship in Harbor is Safe.. But that's not what ships are built for --

Happy Trading !
Bill ! 

Thursday September 27th, 2001  
6:15 AM

THIS PUBLICATION CONTAINS THE VIEW AND OPINIONS OF THE AUTHOR, EXCEPT WHERE OPINIONS 
ARE ATTRIBUTED TO OTHER SOURCES. WRITTEN PERMISSION IS REQUIRED PRIOR TO ANY DISTRIBUTION OR REPRODUCTION. FUTURES TRADING ARE RISKY AND CAN CAUSE SUBSTANTIAL FINANCIAL LOSS. THE USE OF OPTIONS AND OPTION TRADING INVOLVES A HIGH DEGREE OF RISK. THE USE OF STOPS MAY NOT LIMIT LOSSES TO INTENDED AMOUNTS. SPREAD POSITIONS MAY NOT BE LESS RISKY THAN OUTRIGHT FUTURES POSITIONS. PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. SOURCES ARE BELIEVED TO BE RELIABLE BUT NO ASSURANCE IS MADE FOR ACCURACY. ADDITIONAL RISK DISCLOSURE IS AVAILABLE.

-----------------------------------------------------------------------------------------
Premier Service
http://www.futurescom.com/premier.htm
Recommended Open Positions as of 9-26-2001
Short 15 Dec Swiss Franc 6270 avg.
Short 5 Dec EC 9133
Long 5 Dec Copper 6950
Long 15 Dec Hogs 5567 avg.
Long 10 October Hogs 5947 avg.
Long 20 Nov Beans 481 1/2  avg.
Long 15 Dec Wheat 275 avg
Long 10 Dec Soymeal 168.3
Long 5 Dec Gold 294.4
Long 5 Dec Silver 460.5
Long 4 Feb Bellies 7585



Index Program 
http://www.futurescom.com/index01.htm

Recommended Open Position  as of 9-26 NONE


Morning Comments (MC):
recommended position : none: