FuturesCom Investment Publications Bi

Socio Economics - Forex - Bonds - Dow Jones - Nasdaq - SP500 - Precious Metals - Energy - Livestock - Grains - Softs
Description of Services Premier Service

FuturesCom Investment Publications
Morning Comments, December 11th, 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

If the Creator had a purpose in equipping us with a neck,
he surely meant for us to stick it out. "--- Arthur Koestler

Morning Comments
Monday December 10th, 2001
4:45 PM

                                            Financial Markets

On the Frenzied Forex Front

March Japanese Yen
Support should appear near the 7954 to 7934 region..Below that a test of 7864 to 7836 is likely,
Resistance should appear near 7992 and the 8029 to 8045 region

March Euro FX
Recommended open position long 8863
Support is at 8871 to 8856 and 8818 .Under that buyers should appear near 8777 to 8762
Resistance is at 8901. A close over is friendly and augurs for a an eventual test of 8936 to 8964
and the 9044 to 9060 region..

Aggressive BW traders should go long if a close over 8903 occurs..

Stay tuned for Updates…

March Swiss Franc
Recommended open position long 6028
Resistance should appear near 6023 to 6034 and 6068..
Support should appear near 5998 and the 5957 to 5945 region.

March British Pound
Support should appear near 1.4210 to 1.4150
Resistance is at 1.4286 and 1.4336.

March Canadian Dollar
Support should appear at 6305, BW Traders can buy at 6305 and risk a close under 6255 for three days in a row.
Resistance is at 6337 to 6350

March Australian Dollar
Recommended open position long at 5119
Support is at 5067 to 5055 .
Resistance should appear near 5127 to 5139

BW Traders should go long if a close over 5176 occurs

                                                                  Stay tuned for Forex Updates

The Sensational Bond and Stock Markets

March 10 Year T-Note
Resistance should appear near 104-22 then 105-07 and 105-22.
Support is at 104-06 and 103-31 then 103-23 and 103-06..Under that support is at 102-22

Dow Jones Industrial Average
Resistance should appear near 9979 and 10,021 to 10,037 and 10,070.5.. above that sellers should appear near the 10,104 to 10136 region. Beyond that resistance is at 10,185 and the 10,320 to 10,360 region..

Support is at 9921, an extended trade under is negative and augurs for a test of 9879 and eventually the
9837 to 9822 region.

December SP500
Recommended Position Short 5 at 1117.20 avg
Resistance should appear near 1143 and 1150 then 1164 to 1166.5 and 1169.. Beyond that a test of 1174.70 is likely.. Above that sellers should appear near 1180.50 and the 1192 to 1203 region..

Support should appear near 1136 to 1133 and 1130.Below that buyer should appear near 1115.50 .. Below that support is at 1101 to 1096...

Nasdaq Composite
Resistance is at 2015 and 2034 to 2042 then 2061..
Support is at 1989 , under that buyers should appear near 1953 to 1946.

December Mini- Nasdaq 100
Resistance is at 1655 then 1671.5 and the 1689 to 1696 region. Beyond that a test of the 1731 to 1738region is likely..
Support is at 1642 , under that a trade towards 1615 to 1609 region is likely

Pick Your poison and Trade Accordingly

Precious Metals

February Gold
Recommended Open Position : Long 2 at 275.7 avg
Support should appear near 272.5 to 271.6
Resistance is at 275.5 to 277.5

March Copper
Recommended position long at 7005
Support should appear near 6835 to 6810 and 6755 to 6740
Resistance should appear near 6910 to 6925 and 6990 to 7005..

March Silver
Support should appear near 423.5 then 418.5 to 417 and the 412.5 to 411 region.
Resistance is at 430.5 to 431.5

The Exciting Energies

January Crude Oil
Support should appear near 1822 to 1808, under that a test of 1780 to 1774 is likely.. below that buyers should appear near 1738 to 1731

Resistance is at 1858 to 1865 and 1902 to 1909.

January Unleaded Gas
Support should appear near 5065 to 5035 and the 4995 to 4975 region..
Resistance should appear near 5125 to 5140 and the 5255 to 5290 region..

January Heating Oil
Resistance is at the 5125 to 5140 and 5200 to 5210
Support should appear near 5065 to 5050 and the 4935 to 4915 region.

Trade Accordingly

The Lively Livestock Markets

Feb Cattle
Support should appear near 6812 .. Failure there augurs for a test of 6757 to 6742.. BW traders can buy at 6752 of as bounce , risk a close under 6707 for three days in a row.

Resistance is at 6837 then 6872 and the 6907 to 6922 region

February Lean Hogs
Support should appear near 5142 to 5127 and the 5067 to 5037 region.. Below that buyers should appear near 4997 to 4972..
Resistance is at 5197 to 5212 and 5257 to 5282

February Pork Bellies
Support should appear near 7257 to 7242 and the 7172 to 7142 region Below that 7087 to 7072 should contain a decline..
Resistance is at 7327 to 7342 , an extended trade over is friendly and augurs for a test of 7412 to 7427
Beyond that sellers should appear near 7487 to 7512..

Stay tuned for Livestock Updates and Flashes

The ‘Grand’ Grain Markets
January Soybeans
Recommended Position Long 444 3/4
Resistance is at 444 3/4 , a close over is friendly and augurs for a' tap' of the 450 1/2 to 451 1/2 region..
Support should appear near 442 1/2 and 438 1/4 to 437 under that 431 1/2 to 430 1/2 should contain a decline.....

BW Traders should go long if a close over 451 3/4 occurs.

January Soybean Meal
Resistance should appear near 149.6 and 152.9 to 153.5 .
Support is at 148.4 and 145.9 to 145.3.

January Soybean Oil
Support is near 1642 and 1615 to 1609
Resistance should appear near 1655 and 1689 to 1696 ..

Trade Accordingly..

March Corn
Recommended open position long at 218 3/4
Resistance should appear near 221 3/4 to 222 3/4
Support should appear near the 218 1/2 to 217 and the 213 1/2 to 212 3/4 region.. .

March Wheat
Recommended Open Position Long 2 at 287 3/4 avg
Nearby Support should appear near 282 3/4 to 282 and the 277 3/4 to 275 1/2..region...
Resistance is at 287 1/2 to 288 1/4

The Satisfying Softs

March Cotton
Support should appear near the 3565 to 3550 region.
Resistance is at 3665 to 3685 and 3735 to 3745

March Coffee
Recommended open position long 5035
Support is near 4650 to 4635 and 4580 to 4570 under that 4515 to 4505 should hold ..
Resistance should appear near 4715 and 4775 to 4785 a close over is friendly and augurs for a test of 4915 to 4925
Stay tuned for updates

March Sugar
Resistance should appear near 763 to 768
Support should appear near the 739 to 735 region ..

Trade Accordingly

March Cocoa
Recommended position long at 1238
Resistance is at 1232 to 1238 and 1253
Support should appear near 1203 to 1192

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

Happy Trading !
Bill !

Monday December 11th, 2001
5:30 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.

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Premier Service
http://www.futurescom.com/premier.htm
Recommended Open Positions as of 12-10-2001
Long 5 March EC 8900
Long 10 March Swiss Francs 6068
Long 10 Feb Gold 274.0
Long 20 Jan Beans 445 3/4 avg
Long 20 March Wheat 287 3/4 avg
Long 5 Feb Bellies 7515
Long 5 March Coffee 4905

Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 12-10-2001
Short 10 Dec SP500 1128.80 avg

Morning Comment Day Trades (MC):
http://www.futurescom.com/mcper01.html