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FuturesCom Investment Publications
Morning Comments Thursday October 28th 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 October 27th  2004
5:40 PM  Eastern time   

Open BW Positions

                            The Frenzied Forex Front

Dec Yen
Resistance should appear near  9429 to 9445 
Support should appear near 9347 to 9316.

Dec Euro Currency (EC)
Support should appear at 12680 and 12530
Resistance is at 12710 to 12740 and 12815

Dec Swiss Franc
 Resistance should appear near 8300 to 8314 and 8351
 Support should appear near 8223 to 8194

Dec British Pound
Support should appear near  18150 and18080 
Resistance should appear near 183.10 and 18400 

Dec Canadian Dollar
Support should appear near 8044 to 8029 
Resistance is at 8194 to 8223

Dec Aussie Dollar
Support should appear near 7342 to 7328.
Resistance should appear at 7414 to 7428 

                                       The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Resistance should appear near 10021 to 10037 and 10104 to 10136
Support should appear near 9937 to 9921 and 9837 to 9821 

Dec SP500
Resistance should appear near 1130.00 to 1136.00
Support should appear near 1115.50 and 1101.00 to 1096.00

Nasdaq Composite
Support should appear near 1953 to 1946  
Resistance should appear near 1982 to 1996

Dec Mini Nasdaq 100
Resistance is at 1484 to 1496
Support is at 1459 to 1453

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

Precious Metals

December Gold
Resistance should appear at  430.4 to  431.5 
Support is at  424.9 to 423.8

Dec Copper
Support should appear near 12740 to 12680  
Resistance should appear near 13040 to 13100 

Dec Silver
Support should appear  717 to 714 and 700.5 to 699.0
Resistance is at  724.5 to 725.5 and 732.5 to 734.5


                            The Exciting Energies

Dec Crude Oil
Resistance should appear near 5344 to 5356 and 5418 to 5430 
 Support should appear near  5139 to 5127 and 5067 to 5056
 
December Unleaded Gas 
 Resistance should appear near 13770 to 13830 
Support should appear near  13100 to 13040 

Dec Heating Oil
Resistance should appear near 15290 to 15350 
Support should appear near 14590 to 14530 

The Lively Livestock

December Cattle
Support should appear near 8587 to 8562 and 8497 to 8482
Resistance is at 8762 to 8777 and 8857 to 8872.

December Hogs
Support is at  6512 to 6482 and 6432 to 6417
Resistance is 6587 then 6657 to 6672 and 6742 to 6757

February Pork Bellies
Resistance should appear near 9432 to 9447 and 9527 to 9542
Support is at 9347 to 9316 and 9157 to 9142.                  

                                 The Grande’ Grains

December Corn
Support should appear near 204 1/4 to 203 1/2
Resistance is at 208 to 208 3/4

January Soybeans
Support is at 528 1/4 to 525 3/4 and 521 1/4 to 520 
Resistance is at 534 1/2 to 535 3/4 and 541 3/4 to 543

December Soymeal
Support should appear near 153.5 to 152.9 
Resistance should appear near 156.9 to 157.6

December Soybean Oil
Resistance should appear near 2126 to 2134 and 2170 to 2185
Support should appear near 2089 to 2080 and 2042 to 2034


December CBOT Wheat
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 7775 to7760 and 7690 to 7675
Resistance should appear near 7835 to 7865 and 8030 to 8045


December Cocoa 
Support is at 1459 to 1453
Resistance is at 1484 to 1496

March Sugar
Support should appear near 852 to 847 
Resistance should appear near 877 to 882 

December Cotton
Support should appear near 4650 to 4635 and 4585 to 4570   
Resistance should appear near 4775 to 4795 and 4845 to 4855
                         
- 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

Wed October 27th 2004
6:35 PM Eastern 


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 Yen 9182 avg
Short 5 Dec EC 12380 avg
Short 3 December Swiss Franc 8060 avg
Short Dec Canadian Dollar 7762
Short December British Pounds 17732 
Long Dec SP500 1101.10 
Short 3 Dec Gold 404.4 avg
Short Dec Cattle 8697 
Short Dec Hogs 6510
Long 2 Dec Wheat 317  avg 
Long Dec Coffee 7860 
Short March Sugar 858

                                                                          Terms