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Premier Service
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Investment Publications
Morning Comments
October 31st 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
Wed Oct 31st, 2001
1:00 AM
Financial Markets
On the
Frenzied Forex Front
December
Japanese Yen
Support should appear near 8225 to
8195 and 8168.
Resistance
should appear near 8271 and 8300.to 8314
December
Euro FX
Support
is
near 9004 and the 8964 to 8934 region...
Resistance
is
at 9044 to 9060 and the 9100 region..
Support should appear near the 6113
to 6101 and 6068
December
British Pound
Recommended Position Long 1.4716
Support
should appear near 1.4436
then 1.4362 and the 1.4210
to 1.4150 region, which should contain a decline..
Resistance is at 1.4530 to
1.4590.
December
Canadian Dollar
Recommended open position: Long 6360
Support
should appear near the 6270 to 6256 region.
Resistance
is at 63337 to 6350.
December Australian Dollar
Support is
at 4995 to 4973
Resistance should appear near 5052 to 5067 .
The Sensational Bond and
Stock Markets
30 Year
December
Bonds
Resistance
should appear near 108-22. BW Traders can sell at 108-22 for a turn lower, risk a close
over 109-14 for three days in a row.
Support
is at 108-04 then 107-22 and 107-14.
Dow Jones Industrial Average
Resistance should appear
near 9140 to 9156 and 9236.
Support is at 9060 to 9044 and the 8965 region.
December
SP500
Recommended Position
Short 2 1075.8 avg
Resistance is at 1063 then 1068 and
1075.5.
Support should appear near 1047 and 1036 to
1032
Nasdaq Composite
Resistance is
at 1689 to 1696 and 1713.
Support is at 1655 to 1642 and 1613 to 1609
December Mini- Nasdaq 100
Support is at 1334 and
the 1310 to 1304 region.
Resistance is at 1346 and the 1377 to 1383 region.
Precious
Metals
December
Gold
Recommended Open Position : Long 2
288.9 avg
Support should
appear near 279.1 and 277.5 to 275.8..Under that buyers should appear near
272.5 to 271.6.
Resistance
is
at 282 to 282.8
Trade
Accordingly and tuned for updates..
December
Copper
Support should appear near 6350
to 6335 and 6270
to 6255
Resistance
should appear near 6415 to
6430 and 6485 to 6505
December
Silver
Recommended Position Long
458.5
Support should appear near
424.5 to 423.5 and 418.5 to 416.5t.
Resistance
is at 430 to 431.5..
The
Exciting Energies
December
Crude Oil
recommended
position long 2185
Resistance
is at
2219 to 2226 and 2267 to
2275 .
Support
is at 2185 to 2170 then 2134 to 2126..
BW Traders should go long if a close over 2247 occurs..
December Unleaded Gas
Support should appear near 5655 to 5640
and 5580 to 5555.
Resistance
is at the 5850 to 5580 and 5945
to 5960
Stay tuned for Updates..
December
Heating Oil
Resistance
is at 6350 and 6415 to 6430 then 6485 to 6510..
Support
should appear
near 6270 to 6255 under that support is at 6190 to 6165 and
the 6035 to 6020 region..
BW Traders can buy at 6190 and risk a close under
6095 for three days in a row...
Trade Accordingly
The
Lively Livestock Markets
December
Cattle
Support should appear near 6742
and 6672 to 6652..
Resistance
is at 6807
to 6837.
December
Hogs
Support
is at 4927 to 4912 and 4857 to
4842
Resistance
is at 4972 to 4997 and 5037 to 5067
February Pork Bellies
Recommended Position:
Long 2 6760
Support
should
appear near the 6672 to 6657region.. Under that 6592 to 6577
should hold.
Resistance
is
at 6742 to 6757 and 6807 to 6837, beyond that resistance should appear near 6907 to
6917.
Stay tuned for Livestock Updates and Flashes
The
‘Grand’ Grain
Markets
January
Soybeans
Recommended Position Long
440 1/2
Resistance
is at 442 1/2 to 444 3/4
Support
should appear near 437 1/2 and 431
1/2 to 430 1/2
December
Soybean Meal
Recommended Position Long
2 164 avg
Resistance
should appear near 161.5 and 162.8
then 164.2 to 165.5
Support
is at 159.1 and 157.6 to 156.9
December
Soybean Oil
Support
is near 1535 to 1529
Resistance
should appear near the 1569 to 1576 and
1609 to 1615.
December
Corn
Resistance should appear near 206 1/2
and 208 to 208 1/2
Support should appear near 204
1/4 to 203 1/2
December
Wheat
Resistance
should appear near the 297 1/2 to 299
region.. Beyond that a test of 303 1/2 to 304 3/4 is likely.
Stay
Tune for Updates and Flashes..
The Satisfying Softs
December
Cotton
Resistance is at 2925 to 2945 and 2970 to 2990
December
Coffee
Resistance
should appear near 4445 and 4505
to 4515 .
Stay tuned for updates
March
Sugar
Resistance
should appear near 686 and 704 to 712..
Support
should appear
near 674 and 661 to 656 region.
December
Cocoa
Support is at 986 .. Under that
buyers should appear near 972 to 968.
Resistance
should appear near 1000 to 1005 then 1018 and 1032 to 1036
-A
ship in Harbor is Safe.. But that's not what ships are built for --
Happy
Trading !
Bill !
Wed
October 31st 2001
2:15 AM
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 10-30-2001
Long 10 Dec Yen 8325 avg
Short 5 Dec SP500 1085.5
Long 15 Dec Gold 286.1 avg
Long 10 Dec Hogs 5392
Long 4 Feb Hogs 5550
Long 16 Feb Bellies 6967
Long 5 Dec Wheat 282 3/4
Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 10-30-2001
Short 4 Dec SP500 1063.30
Morning Comments ( Day Trades )(MC)
http://www.futurescom.com/mcper01.html