the Economic and Investment Trend Analysis - Socio Economics 
Forex - Bonds - Dow Jones - Nasdaq - SP500 Precious Metals - Energy - Livestock - Grains - Softs
 Premier Service - Platforms - Quotes - Online Signup - DIY Index Program  
- Bi-Weekly Outlook Archives - Special Reports -

FuturesCom Investment Publications
Morning Comments Thursday Sept 30th,2004
 Serving Professional and Individual Traders World Wide since 1988
7690 Rockport Circle ,  Lake Worth ,  Florida 33467 -  USA and Canada Toll Free : 1-866-409-3890 -  Intl : 1- 561-433-2995  http://www.futurescom.com

Wed Sept 29th  2004
2:15 PM  Eastern time   

Open BW Positions
                         

                             The Frenzied Forex Front
Dec Yen
Resistance should appear near 9044 to 9060 . 
Support should appear near  8964 to 8934

Dec Euro Currency (EC)
Recommended Open Position Short 2 at 12155 avg
Support should appear at 12247 and 12175   
Resistance is at the 12320 to 12350 and 12380 

Dec Swiss Franc
Recommended open Position Short 2  at 7944 avg
Resistance should appear near 8029 to 8044.  
Support should appear near 7954 to 7939  

Dec British Pound
Recommended open Postion short at 17732
Support  should appear near 17800 to 17740   
Resistance should appear near 18080 to 18220 

Dec Canadian Dollar
Recommended open Postion short at 7762
Support should appear near 7836 and 7777 to 7763 
Resistance is at  7864 and 7901

Dec Aussie Dollar
Support should appear near  7088 to 7074  
Resistance should appear at 7143 to 7170 
                               

                                   The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Resistance should appear near 10104 to 10136
Support should appear near  10037 to 10021 

December SP500
Recommended open position Long at 1123.90
Resistance should appear near 1115.50 and 1130.00  to 1136.00. 
Support should appear near 1101.00 to 1096.00  and 1082.00 
 
Nasdaq Composite
Support should appear near 1865 to 1858 
Resistance should appear near 1902 to 1909   

Dec Mini Nasdaq 100
Resistance is at 1415 to 1421 
Support is at 1383 to 1377 

December 10 Year T-Note
Resistance should appear near 113-22 and 114-07  
Support is at 113-07 and 112-22 

Precious Metals

December  Gold
Recommended Open Postion Short 3 at 404.4 avg
Resistance should appear at 416.3 to 418.3
Support is at 412  to  411 
BW Traders should go short if a close under 404.4 occurs.

December Copper
Recommended open Position Short at 130.20 
Support should appear near 13460 to 13340 and 13100 to 13040 
Resistance should appear near 13830  and 14150 to 14210

Dec Silver
 Recommended Open Postion Short at 657
Support should appear near 651 to 648.5 and 643 to  641
Resistance is at 665.5 to 667.5  and 674.5 to  675.5 
                                 The Exciting Energies
Nov Crude Oil
Resistance  should appear near  5058 to 5067  and  5127 to 5139
Support should appear near 4995 to 4973 and 4926 to 4915 

Nov Unleaded  Gas
Recommended open Postion short 2 at 12925  avg
Resistance should appear near 13770 to 13830
Support should appear near 13100 to 13040

Nov Heating Oil
Support should appear near 13460 to 13340
Resistance  should appear near 13770 to 13830 and 14150 to 14210

                                                            The Lively Livestock

December Cattle
 Recommended open position short at 8697
Support should appear near 8587 to 8557 and the 8502 to 8482 region
Resistance is at 8667 to 8682 and 8762 to 8777. 

December  Hogs
 Recommended open Postion short at 6987
Support is at 6752 to  6742 and  6672 to 6657  
Resistance is at 6807 to 6837 and 6907 to 6922. 

February  Pork Bellies
Recommended Open Position Short at 9930
Resistance should appear near 9527 to 9542 and 9707 to 9737 
Support  is 9447 to 9427 and 9347 to  9317 
                         --Stay tuned for BW updates and Flashes in the Livestock complex --

                      

                                            The Grande’ Grains
December Corn
Support should appear near 204 1/4 to 203 1/2 and 199 3/4 to 198 1/4 
Resistance  is at 208 3/4 and 212 3/4 to 213 1/2

November Beans
Support is at 528 1/4 to 525 3/4 and 521 1/2 to 521
Resistance is at 534 1/2 to 535 3./4 and 541 3/4 to 543 

 December Soymeal
Support should appear near 161.5 to 160.9 and 157.6 to 156.9 
Resistance should appear near 164.2 to 165.5 

December Soybean Oil
Resistance should appear near 2126 to 2134 and 2170 to 2185
Support should appear near  2080 and 2042 to 2034

December CBOT Wheat
Recommended open Position Long 2 at 330 1/2 avg 
Support should appear near 315 3/4 to 314 3/4 and 310 1/4 to 309 1/4 
Resistance  should appear near 319 1/2 to 321 1/4 and 326 1/4 to 327             

                       The Satisfying Softs

December  Coffee 
Support is near the 8195 to 8225 and 8300 to 8315
Resistance should appear near 8045 to 8025 and 7955 to 7945 . 

December Cocoa 
Support is at 1421 to 1415
Resistance is at  1453 to 1459    

March Sugar
Recommended open Position Short at 858
Support should appear near 882 to 877.
Resistance should appear near 907 to 912 

December Cotton
Support should appear near 4785 to 4775  and 4715 to 4695
Resistance should appear near 4845 to 4855 and 4915 to 4925  
- A Ship in Harbor is Safe...But that is not what ships are built for –

Happy Trading!   
Bill  wil@futurescom.com
1-866-409-3890

Tuesday Sept 28th 2004
4:00 PM  South Florida Beach Time

 THIS PUBLICATION IS SUBJECT TO REVISIONS AND 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. 
FuturesCom Investment Publications Copyright@1996-2004 all rights reserved                                
Recommended Open BW  Positions
 Short 2  Dec EC 12155 avg
Short 2  December Swiss Franc 7944 avg
Short December British Pounds 17732 
Long Dec SP500 1123.90
Short 3 Dec Gold 404.4 avg
Short Dec Copper 130.20 
Short Dec silver 657 
Short  2 Nov Unleaded Gas 12925 avg 
Short Dec Cattle 8697 
Short Feb Pork Bellies 9930
Short December Hogs 6987
Long 2  Dec Wheat 330 1/2 avg 
Short March Sugar 858 

                                                                          Terms