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FuturesCom Investment Publications
Morning Comments 

November 1st 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

5:30 PM

                                            Financial Markets 

On the Frenzied Forex Front
December Japanese Yen
Support should appear near 8168 and the 8134 to 8119 region 
Resistance should appear near  8195.to 8225 

December Euro FX
Support is  near the 8964 to 8934 region...
Resistance is at  9001 and 9044 to 9060.  

December Swiss Franc  
Resistance should appear near  6165 to 6190
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 6337 to 6350.

December Australian Dollar
Support
is at  4995 to 4973
Resistance
should appear near  5052 to 5067 . 

The Sensational Bond and Stock Markets
*
We will begin trading coverage of the Ten Year T- Note this weekend in our next Bi-Weekly. 
Dow Jones Industrial Average
Resistance
should appear near 9140 to 9156 and 9236. 

Support is at 9060 to 9044 and the 8964 to 8934 region. 

December SP500
Recommended Position Short 2  1075.8 avg
Resistance is at 1058 to 1063 and 1068 then 1075.5
Support
should appear near 1047 and the 1036 to 1032 region 

Nasdaq Composite
Resistance
is at 1696 and 1713 and the 1731 to 1738 region
Nearby Support is at 1689 under that support should appear near the 1655 to 1642 region 


December Mini- Nasdaq 100
Support is at
 1346 to 1334 and the 1310 to 1304 region.  
Resistance is at the 1377 to 1383 region.   Beyond that sellers should appear near 1415 to 1421


                                                              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 6190 to 6165 and 6115 to  6105
Resistance should appear near 6255 to 6270 and the 6335 to 6355 region. 

December Silver
Recommended Position Long 458.5
Support should appear near  418.5 to 416.5.
Resistance is at 430 to 431.5.. 


                                    The Exciting Energies  

December Crude Oil
recommended position long 2185
Resistance is at 2126 to 2134 .
Support is at 2088 to 2080 and 1996 to 1982..  

December
Unleaded Gas
Support should appear near 5575 to 5550 then 5505 to 5490 and 5430 to 5415.
Resistance
is at the 5640 to 5655 then  5715 to 5730 and the 5790 to 5805 region.   

Stay tuned for Updates..    

December Heating Oil  
Resistance
is at 6195 to 6225 and 6335 to 6350. 
Support should appear near 6035 to 6020 and the 5955 to 5945 region 

Trade Accordingly


The Lively Livestock Markets

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

December Hogs  
Recommended Position Long 2  5175 avg
Support is at 5142 to 5127 then 5067 to 5037 and 4992 to 4972  
Resistance
is at 5197 to 5202 and 5257 to 5277 

February Pork Bellies
Recommended Position: Long 2  6760
Support
should appear near the 6922 to 6907 region. Under that 6837 to 6807 should hold. 
Resistance
is at 7077 to 7087, beyond that resistance should appear near 7142 to 7167 

                                               Stay tuned for Livestock Updates and Flashes


                                                  The ‘Grand’ Grain Markets
January Soybeans
Recommended Position Long 440 1/2
Resistance is at 437 1/2 to 438 1/2   
Support
should appear near 4311/2 to 430 1/2 

December Soybean Meal
Recommended Position Long 2 164 avg
R
esistance should appear near 160.9 to 161.5
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  
Support should appear near 292 1/2  and 288 1/2 to 287 1/2
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  
Support should appear near 2945 to 2925 and 2885 to 2870 then 2830 to 2820.

Resistance is at 3035 to 3045 and the 3090 to 3105 region. 

December  Coffee
 
Support is near the 4385 to 4370 and 4315 to 4305 . 
Resistance should appear near 4425 to 4445 then 4505 to 4515 and the 4570 to 4580 region. 

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.                                          

Trade Accordingly

December Cocoa
Support is at 1005 to 1000 and 986 .. Under that buyers should appear near 972 to 968. 
Resistance should appear near 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  
7:35 PM

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.

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Premier Service
http://www.futurescom.com/premier.htm
Recommended Open Positions as of 10-31-2001
Long 10 Dec Yen 8325 avg
Long 5 Dec EC 9036
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 10-31-2001
Short 2 Dec SP500 1063.30

Morning Comments ( Day Trades )(MC)
http://www.futurescom.com/mcper01.html