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FuturesCom Investment Publications
Morning Comments, September 13th ,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

"Among the hazards of speculation the happening of the unexpected -I might even say the unexpectable - ranks high. There are certain chances that the most prudent man is justified in taking - chances that he must take if he wishes to be more than a mercantile  mollusk"  -- Reminiscences of a Stock operator--

Morning Comments
Wed Sept 12th, 2001
1:30 PM

                                             Financial Markets 

 On the Frenzied Forex Front
December Japanese Yen

Support should appear near  8351 and  8314 to 8300 and 8263. Below that a test of  8223 to 8194 is likely

Resistance should appear near the 8391 to 8406 region..

December Euro FX

Support is at  8964 to 8949 and 8934. 

Resistance is at should appear near 9001 and the 9044 to 9060 region.. .

Stay tuned for Updates…  

December Swiss Franc

Resistance should appear near 5945 to 5957  beyond that sellers should appear near 5995

Support should appear near 5912 .. A close under 5912 is negative and augurs for a test of 5880 to 5855 and eventually the 5805 to 5792 region.. 

December  British Pound

Support should appear near  1.4476... 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 1.4530 to 1.4560 and 1.4590..Beyond that resistance is at  1.4710 

December Canadian  Dollar

Support should appear at 6383 then 6350 to 6337

Resistance is at 6417 to 6430

December Australian Dollar
Support is at the 5067 to 5056 region..Below that a test of 4995 to 4973 is likely

Resistance should appear near 5127 to 5139 and 5200 to 5211 


The Sensational Bond and Stock Markets

30 Year December  Bonds

Resistance should appear near 104-23 then 105-12 to 105-17 and 105-24 

Support is at 104-12 to 104-07  failure there augurs for an  test of 103-17.. Below that support is at 103-07 and 102-23,  BW 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 9625 to 9641 and 9822 to 9837

Nearby Support is at 9542 to 9526 and 9445 to 9429 under that buyers should appear near  the 9156 to 9140 region.

December SP500

Resistance is 1115.5. An extended trade over or close over is friendly and augurs for a test of 1130 to 1136.

Support should appear near 1096 then 1082.00 and 1068.00 to 1058.00 which should contain a decline 

Nasdaq Composite

Resistance is at  1696 and the 1731 to 1738 region.. a close over 1738 is friendly and augurs for a test of 
1774 to 1780 

Support is at 1655 to 1642 and 1615 to 1609..

December Mini- Nasdaq 100

Resistance is at 1383 and the 1415 to 1421 region.. An extended trade over 1421 is friendly and augurs for a test of 1453 to 1459 and eventually 1484 to 1496 region.. 

Support is at 1346 to 1334 and 1310 to 1304 , under that buyers should appear near 1274 to 1268, failure there augurs for a test of the 1238 to 1232 region. 

                                                              Precious Metals

December  Gold

Support  should appear near 272.4 to 271.6. A close under 271.6 is negative and augurs for a test of 269.4 and 267.2 to 266.3.  BW Traders can buy at 269.4 and risk a close under 266.3 for three days in a row.

Resistance is at  274.4 and 275.8 to 277.4 

Trade Accordingly and  tuned for updates..

December Copper

Support should appear near 6510 to 6480 . Below that 6430 to 6415 should contain a decline for a bit.

Resistance should appear near 6655 to 6670  

December Silver

Support should appear near 418.5 to 416 and  412 to 411 which should contain a decline for, a bit.. Below that buyers should appear near 405.5 to 404.5  BW  Traders can buy at 404.5 and risk a close under 398 for three days in a row.

Resistance is at 423.5 to 425.5.  A close over 425.5 is friendly and augurs for a test of 430 to 431.5.. 

                                    The Exciting Energies  

October Crude Oil

Resistance is at 2775 and 2796 then 2820 to 2829 
 Support is at 2724 to 2716 and the 2672 to 2662 region.. 

October Unleaded Gas

Support should appear near 8135 to 8115 and 8045 to 8025, a close under augurs for a test of 7955 to 7935 and the 7865 to 7835 region.. 

Resistance is at the 8195 to 8225 and 8300 to 8315 then 8390 to 8410..  

Stay tuned for Updates ..

October Heating Oil  

Resistance is at 8035 to 8045 then 8115 to 8135 and the 8195 to 8225 region .. 
Support should appear near 7955 to 7935. A close under 7935 is negative and augurs for a test of 7777 to 7763 .. Below that support is at 7689 to 7675 and the 7601 to 7687 region..

Trade Accordingly

The Lively Livestock Markets

October Cattle

Nearby Support should appear near the 7172 to 7137 region. 

Resistance is at 7242 to 7257  a close over is friendly and augurs for a test of 7327 to 7342 

October Hogs

Support is at the 6037to 6022 and  5957 to 5942 

Resistance is at the 6102 to 6112 region.. 
 

Stay Tuned for updates

December Hogs  

Support is at 5652 to 5642 and 5577 to 5552 

Resistance is at 5717 to 5732 and  the 5792 to 5807 region.  

February Pork Bellies

Support should appear near 8407 to 8392 and 8317 to 8302 . Below that buyers should appear near 8227 to 8197 

Resistance is at 8487 to 8502 and 8557 to 8587.  

Stay tuned for Livestock Updates and Flashes

                                                  The ‘Grand’ Grain Markets

November  Soybeans

Nearby Resistance is at 471 3/4 and the 477 1/2 to 478 3/4 region , an extended trade or close over 478 3/4  is friendly and augurs for an eventual test of the 484 1/2 to 485 3/4 region..  

Nearby Support should appear near 465 to 463 3/4 and the contain a decline for a bit 

Stay tuned for Updates

December Soybean Meal

Resistance should appear near the 164.2 to 165.5 , a close over 165.5 is friendly and augurs for a test of  168.9 to
 169.6 . 
Support is at 161.5 to 160.9.. Below that  support should appear near 157.6 to 156 

BW Traders should go long if a close over 165.5 occurs.. 

December Soybean Oil

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

Resistance should appear near the 1689 to 1696. 

December Corn

Resistance should appear near 226 3/4 to 227 1/2  and  231 1/2 to 232 1/4  
Support should appear near 222 3/43 to 221 3/4  should contain a decline for a bit..

December Wheat  
Support should appear near  277 1/2 to 275 3/4 and  272 1/2 to 271 3/4.

Resistance is at 282 to 282 3/4 and the 287 3/4 to 288 1/4 region .. 

Stay Tune for Updates and Flashes..

The Satisfying Softs

December Cotton  

Support should appear near 3745 to 3730 and 3625 to 3615 
Resistance is at 3858 to 3867 and 3910 to 3920 .

December  Coffee  

Support is near 5120 and  5070 to 5035..Under that 4925 to 4915 should contain a decline for a bit.. 
Resistance should appear near 5200 to 5210 and 5255 to 5280.. 

Stay tuned for updates

March Sugar

Resistance should appear near 763 to 767 and the 791 to 795 region. 

Support should appear near 751 then 739 to 735 

Trade Accordingly

December Cocoa

Support is at the 912 to 907 region.. 
Resistance should appear near 932 to 941 

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

Happy Trading !
Bill ! 

Monday September 10th, 2001  
5:00 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.

Bi Weekly Investment Outlook  (BW)
Archives:  http://www.futurescom.com/bwparc.htm
Recommended Open positions as of 9-12-2001
Short Dec Yen 8342
 Short Dec EC 8980
Short Dec Swiss 6250
Short Dec British Pounds 1.4900
Long 2 Dec Canadian Dollar 6390
 Long Dec Gold 277.6
Long Dec Copper 6790
Long Dec Silver 424
Short Oct Unleaded Gas 8195
Long Oct Cattle 7342
Long 2 Dec Hogs 5632 avg.
Long Nov Beans 486
Long Dec Soymeal 165.5
Long Dec Corn 227 3/4
Long Dec Wheat 291 3/4
Long Dec Coffee 5305
Long Dec Cocoa 942

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Morning Comments (MC)
Archive http://www.futurescom.com/mcper01.html 
 ------------------------------------------------------------------
Premier Service
http://www.futurescom.com/premier.htm
Recommended Open Positions as of 9-12-2001
Short 5 Dec Yen 8345
Short 10 Dec EC 8996 avg.
Short 15 Dec Swiss 5939 avg.
Short 10 Dec British Pounds 1.5500
Short 5 Dec Bonds 104-21
Long 5 Dec Gold 278.4
Long 5 Dec Copper 6950
Long 20 Dec Hogs 5527
Long 15 Nov Beans 493 3/4  avg.
Long 15 Dec Soymeal 164.7 avg.
Long 20 Dec Wheat 287
Long 10 Dec Corn 227 3/4
Long 5 Dec Coffee 5500

Index Program   
Archives: http://www.futurescom.com/index01.htm
Recommended Open position as of 09-12-2001 
Long 4 Sept SP500 1117.50.