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FuturesCom Investment Publications
Morning Comments Friday Oct 1st 2004
 Serving Professional and Individual Traders World Wide since 1988
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Thursday Sept 30th  2004
6:30 PM  Eastern time   


Open BW Positions
                         

                             The Frenzied Forex Front
Dec Yen

Resistance should appear near 9140  to 9156 and 9237
Support should appear near 9100 and  9060 to 9044 

Dec Euro Currency (EC)
Recommended Open Position Short 2 at 12155 avg
Support should appear at  12380 to 12350   
Resistance is at the 12455 and 12530 

Dec Swiss Franc
Recommended open Position Short 2  at 7944 avg
Resistance should appear near 8081 and 8119 to 8134   
Support should appear near 8044 8029 and 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 7864 to7836  
Resistance is at 7939 to 7954 

Dec Aussie Dollar
Support
should appear near  7170 to 7143   
Resistance
should appear at 7242 to 7255 
                               

                                   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 1437 and 1453 to 1459
Support is at 1415 and 1383 to 1377 

December 10 Year T-Note
Resistance
should appear near 112-22 and 113-07  
Support is at 112-07 and 111-22

Precious Metals

December  Gold
Recommended Open Postion Short 3 at 404.4 avg
Resistance should appear at 430.4 to 431.5
Support is at 418.3  to  416.3

December Copper
Recommended open Position Short at 130.20 
Support should appear near 138.30 to 13770 
Resistance
should appear near  14150 to 14210

Dec Silver
Recommended Open Postion Short at 657
Support
should appear near 675.5 to 674  
Resistance
is at  707.5 to  709 

                                 The Exciting Energies
Nov Crude Oil
Resistance 
should appear near 4973 to 4995 and  5058 to 5067  
Support
should appear near 4926 to 4915 and 4855 to 4845

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 14150 to 14210

                                                            The Lively Livestock

December Cattle
Recommended open position short at 8697
Support
should appear near 8592 to 8567 and 8502 to 8482
Resistance
is at 8762 to 8777 and 8932 to 8967 

December  Hogs
Recommended open Postion short at 6987
Support is at 6907 and 6837 to 6807   
Resistance is at  6992 to 7002 and 7072 to 7087

February  Pork Bellies
Resistance
should appear near 9822 to 9837 and 9937 to 9922
Support 
is 9642 to 9622 and 9542 to 9527 
 

                                            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 to 208 3/4 and 212 3/4 to 213 1/2

November Beans
Support
is at  521 1/2 to 520 1/4 and 513 3/4 to 512 3/4
Resistance
is at  534 1/2 to 535 3./4 and 541 3/4 to 543 

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

December Soybean Oil
Resistance
should appear near 2080to 2086 and 2126 to 2134
Support
should appear near 2042 to 2034 and 1996 to 1982

December CBOT Wheat
Recommended open Position Long 2 at 330 1/2 avg 
Support should appear near 304 3/4 to 303 3/4 and 293 3/4 to 292 3/4
Resistance
  should appear near 309 1/4 to 310 1/4  and  319 1/2 to 321 1/4             

                 
     The Satisfying Softs

December  Coffee 
Support
is near the 8225 and 8135 to 8115 and 7955 to 7945
Resistance should appear near 8300 to 8315 and 8390 to 8405. 

December Cocoa 
Support
is at 1421 to 1415 and 1383 to 1377
Resistance is at  1453 to 1459 and 1484 to 1496

March Sugar
Recommended open Position Short at 858
Support should appear near 882 to 877.and 852 to 847 
Resistance
should appear near 907 to 912 and 932 to 941

December Cotton
Support should appear near 4585 to 4570  and 4445 to 4425 
Resistance
should appear near 4695 to 4715 and 4775 to 4785  

- 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

Thursday Sept 30th 2004
6:45 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 Dec Canadian Dollar 7762
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 December Hogs 6987
Long 2  Dec Wheat 330 1/2 avg 
Short March Sugar 858 


                                                                          Terms