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FuturesCom Investment Publications
Morning Comments, Wed . September 19th ,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


We have dropped 'Morning Comments' coverage of the Energies, Metals and Softs 
until they begin trading a normal trading schedule.

Coverage for these markets  in the Bi-Weekly will not change.  

Morning Comments
Wed Sept 19th, 2001

6:30 AM 

                                                Financial Markets 
On the Frenzied Forex Front
December Japanese Yen
Support
should appear near the 8560 and the .8499 to 8484 region..a close under 8484 augurs for a 
test of 8406 to 8391
Resistance should appear near 8589 and 8629 , beyond that sellers should appear near 8668 to 8683
and cap a rally .

December Euro FX
Support is at 9234 and 9156 to 9140.. 
Resistance
should appear near the 9316 to 9347 region...Above that resistance is at 9429 to 9445.. 
BW Traders can sell at 9428 for a turn lower, risk a close over 9469 for three days in a row..  

Stay tuned for Updates…  

December Swiss Franc  
Resistance
should appear near  the 6256 to 6270 region.. ..Above that 6335 to 6350 should Cap any rally for a bit.. ..
Support should appear near 6190 to 6179 and 6165 , a slip under augurs for an eventual test of 6113 to 6101. 

December
  British Pound
Support should appear near  1.4530 .. A slip under augurs for a test of 1.4372 and the 1.4210 to 1.4150 region.  BW Traders can buy at 1.4120 and risk a close under 1.4140 for three days in a row..

Resistance
is at 1.4590 then  1.4710  and the 1.4840 to 1.4960 region

December Canadian  Dollar
Support should appear near 6337 and 6303. 
Resistance
is at 6350 and 6383. 

December Australian Dollar
Support
is at  4856 to 4845... 
Resistance
should appear near 4915 to 4926..

Trade accordingly


Sensational Stock and Bond Market

30 Year December  Bonds  

Resistance
should appear near  103-22 and 104-07 
Support is at 103-07 and 102-23, traders can buy at 102-23 and risk a close under 102-06 for three days in a row.  .

Dow Jones Industrial Average
Resistance should appear near 8934 to 8964, beyond that a test of the 9040 to 9060 region is likely.Beyond that sellers should appear near 9140 to 9156..Beyond that critical resistance is at 9234.. However an extended trade or  a close over 9156 is friendly and augurs for an eventual test of 9316 to 9347.... 

Support is at 8871 to 8856 under that buyers should appear near 8777 to 8762, below that critical support is near 8683 to 8668.. which should contain a decline for a bit.. 

December SP500

Resistance is at 1058 1063 and 1068..
However an extended trade over or close over 1068 is friendly and augurs for an eventual trade of  1082.. beyond that a test of 1096 to 1101is likely...

Support should appear near 1036.00 to 1032.00 and 1018.5 then 1005.00 to 1000.00 while buyers should appear near the 972.00 to 968.00 region...

Nasdaq Composite

Resistance
is at 1609 to 1615 

Support is at 1535 to 1529. Below that buyers should appear near 1496 to 1484.. Under that 1459 to 1453 should contain the decline for a bit...

December Mini- Nasdaq 100

Resistance
is at 1253 then 1268 to 1274.  

Nearby Support is at 1238 to 1232 and  where buyers should come out of the  woodwork...Under that a slip to 
1203 to 1192 is likely. 


The Lively Livestock Markets

October Cattle

Support
should appear near 7087 to 7072 and the 7002 to 6987 region..
Resistance
is at 7142 to 7172 and 7242 to 7257.. 

October Hogs

Support is at the 6037 to 6022 and  5957 to 5942.. Day traders can buy at 5957 and risk 50 pts..

Resistance
is at 6102 to 6112.  An extended trade or  close over 6112 is friendly and augurs for another  test of 6167 to 6192 

Stay Tuned for updates

December Hogs  

Support
is at 5652 to 5637 and the 5577 to 5552 region...
Resistance
should appear near 5717 to 5732 and the 5792 to 5807 region.  

February Pork Bellies

Support
should appear near 8137 to 8112.. Below that buyers should appear near 8042 to 8027..

Resistance is at 8227 and the 8302 to 8317 region.. Beyond that sellers should appear near 8392 to 8407.  


Stay tuned for Livestock Updates and Flashes


                                                  The ‘Grand’ Grain Markets

November  Soybeans

Resistance
is at 477 1/2 to 478 3/4 and 481 1/2.. Beyond that a test of the 484 1/2 to 485 3/4 region is likely.  
Support
should appear near the 471 1/2 to 469 1/2 region. 

December Soybean Meal

R
esistance should appear near the 168.9 to 169.6
 

Support
is at 165.5 to 164.2 Below that  support should appear near 161.5 to 160.9 

December Soybean Oil

Support is near 1642 then 1615 to 1609.Under that buyers should emerge near the 1576 to 1569 region

Resistance
should appear near the 1689 to 1696 region...

December Corn

Support should appear near 217 and 213 1/2 to 212 3/4

Resistance 
should appear near 221 1/4 to 222 3/4.

December Wheat  
Support
should appear near 267 1/4 to 266 1/4.

Resistance is at 272  to 272 3/4.

Stay Tune for Updates and Flashes..


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


Happy Trading !

Bill ! 

Wed September 19th, 2001  
7:45 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.

Bi Weekly Investment Outlook  (BW)
Archives:  http://www.futurescom.com/bwparc.htm
Recommended Open positions as of 9-18-2001
Short Dec Yen 8560
Short Dec Swiss Franc 6203

Long Dec Copper 6790
Long Nov Beans 486
Long 2 Dec Soymeal 167.7 avg.
Long Dec Corn 227 3/4
Long Dec Wheat 291 3/4
Long Dec Coffee 5305
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Premier Service
http://www.futurescom.com/premier.htm
Recommended Open Positions as of 9-18-2001
Short 10 Dec EC 9201
Short 15 Dec Swiss Franc 6230
Long 5 Dec Copper 6950
Long 10 Dec Hogs 5540
Long 10 Nov Beans 491 1/2  avg.
Long 10 Dec Wheat 277 1/2
Long 10 Dec Soymeal 168.3
Long 5 Dec Coffee 5500