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Investment Publications
Morning
Comments
October 16Th, 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
Morning
Comments
Monday Oct 15th, 2001
4:00 PM
Financial Markets
On the
Frenzied Forex Front
December
Japanese Yen
Support should appear near the 8273
and 8223 to 8195 region.
BW Traders can
buy at 8225 for a good bounce, risk a close under 8195 for three days in a
row...
Resistance should appear near 8314. A close over augurs for
a test of 8351 and eventually the 8391 to 8406 region ...
December
Euro FX
Support
is at 9060 to 9040 then 9001.
Resistance
is
at 9100, beyond that a test of 9140 to 9156 is likely. .
December
Swiss Franc
Support should appear near 6139 then 6113 to 6101
and 6035 to 6023
December
British Pound
Recommended Position Long 1.4716
Support
should appear near the
1.4418 and 1.4362
Resistance
is at 1.4486 and 1.4530.
December
Canadian Dollar
Support
should appear at 6383 then 6350 to 6337.
Resistance
is at 6417 to 6430.
December Australian Dollar
Support is
at 5139 to 5127 and 5067.
Resistance
should appear near 5200 to 5211
The Sensational Bond and
Stock Markets
30 Year
December
Bonds
Resistance
should appear near 106-07 and 106-17
then 106-23.
Support
is at 105-22 and the 105-07 region...
Dow Jones Industrial Average
Resistance should appear
near 9429 to 9445.. Beyond that sellers should appear near 9526 to 9542.. and
should cap the rally for a bit...
Support is
at 9316 and 9234.. Under that 9156 to 9140 should contain a decline for a
bit
December
SP500
Recommended Position Short at 1084.30
Resistance is at 1096 to 1101 then
1115.50 and the 1130 to
1136 region
Support should appear near 1089 then 1082..
A close under augurs for a test of the 1068 to 1058 region.
Nasdaq Composite
Resistance is
at 1731 to 1735 and 1774 to 1780
Support is at 1696 to 1689 and 1655 to 1642
December Mini- Nasdaq 100
Resistance is
at 1383 then 1415 to 1422 and 1453 to 1459
Support is at 1377 and 1346 to 1334
Precious
Metals
December
Gold
Recommended Open Position: Long 2 at
288.9 avg
Support should
appear near 282.0
and the 277.5 to 275.8 region .
Resistance
is
at 287.4 to 288.3.. a close over 288.3 is
friendly and augurs for a test of 292.8 to 293.7
Trade
Accordingly and tuned for updates..
December
Copper
Support should appear near
6385 and the 6350 to 6335 region.
Resistance
should appear near 6435 and 6485 to 6510.
December
Silver
Recommended
Open Position :Long 458.5
Support should appear near
the 438.5 to 437 region. Under that 431.5 to 430.5 should hold..
Resistance
is at 442.5 to 444.5.
The
Exciting Energies
Dec
Crude Oil
Resistance
is at 2267
to 2275, a close over is friendly and augurs for a test of
2354 to 2370
Support is at 2226 to 2219
Dec
Unleaded Gas
Support should appear near the 6035 to
6025 and the 5955 to 5940 region.
Resistance
is at
6110 to 6120 and the 6165 to 6190 region. .Beyond that a test of 6335 to 6350 is
likely.
Dec
Heating Oil
Resistance
is at 6415 to 6430 and 6570 to 6590
Support
should appear
near 6355 to 6335.. Under that 6190 to 6165 should
hold.
Trade Accordingly
The
Lively Livestock Markets
December
Cattle
Recommended Open Position: Long 2 at 6842.5
Support should appear near 6517 to 6487.
Resistance
is at 6657 to 6672.
December
Hogs
Recommended Open Position Long 2 5395 avg
Support
is at 4857 to 4842
Resistance
is at 4977 to 5002.
February Pork Bellies
Recommended
Open Position: Long 2 7602 avg
Support should
appear near 6922 to 6907 and 6837 to 6807
Resistance
is
at 7072 to 7087
.
Stay
tuned for Livestock Updates and Flashes
The
‘Grand’ Grain
Markets
November
Soybeans
Recommended Open Position Long 451 1/2
Resistance
is at 437 to 438 1/2
Support
should appear near 424 1/2 to 423 3/4
December
Soybean Meal
Recommended
Open Position: Long 2 164.0 avg
Resistance
should appear near 159.1 and 160.9
Support
is at the 156.9 and 153.5 to 152.9
December
Soybean Oil
Support
is near 1484 and 1459 to 1453
Resistance
should appear near the 1529 to 1535 region.
December
Corn
Recommended position Long 213 1/2
Resistance should appear near 208 to
208 3/4.
Support should appear near the 204 1/4 to 203 1/2 region
December
Wheat
Recommended position Long 2 275 3/4
Support
should appear near272 1/2 to 271 3/4..
Resistance
is at 275 3/4 to 277 1/2
Stay
Tune for Updates and Flashes..
The Satisfying Softs
December
Cotton
Resistance is at 3195 to 3215
December
Coffee
Resistance
should appear near 4505 to 4515.
March
Sugar
Resistance should appear near
656 to 661.
Support
should appear
near 634 to 630 and the 609 to 601 region.
December
Cocoa
Support is at 1005 to 1000
Resistance
should appear near 1032 to 1036 and 1058 to 1068
--A
ship in Harbor is Safe.. But that's not what ships are built for --
Bill !
Monday October
15th, 2001
5:15 PM
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 10-15-2001
Long 5 Dec Yen 8361
Long 10 Dec Swiss 6169
Long 10 Dec EC 9107
Short 5 Dec SP500 1092
Long 15 Dec Gold 286.1 avg
Long 15 Dec Hogs 5457 avg
Long 4 Feb Hogs 5550
Long 8 Feb Bellies 7177 avg
Long 5 Dec Wheat 271
Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 10-15-2001
Short 2 at 1079.20
Morning Comment Day Trades
(MC):
http://www.futurescom.com/mcper01.html
Recommended Open Position as of 10-15-2001
Long 5 Dec Hogs 4995
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