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 , Friday December 28th 2001
Experienced Since 1979 - Serving Professional and Individual Traders World Wide since 1988
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Morning Comments
Thursday December 27th, 2001
3:00 PM

                                                          Financial Markets
On the Frenzied Forex Front

March Yen
Support should appear near 7601 to 7587 and the 7513 to 7487 region BW Traders can buy at 7515 for a turn higher and risk a close under 7412 for three days in a row..Under that support should appear near 7342 to 7325..

Nearby Resistance should appear near 7675 to7689 and the 7763 to 7777 region..

March EC
Recommended position long at 8818
Support is at 8777 to 8762 and the 8683 to 8668 region
Resistance is at 8818 and the 8856 to 8871 region.

March Swiss Franc
Resistance should appear near 5998 and the 6023 to 6035 region.
Support should appear 5945 and the 5880 to 5855 region. BW Traders can buy at 5882 and risk a close under 5849 for three days in a row. Under that buyers should appear near the 5805 to 5792 region.

March British Pound
Support should appear near 1.4452 and 1.4372.

Resistance is at 1.4530 to 1.4590.. Beyond that an eventual trade towards the 1.4840 to 1.496 region is likely..

BW Traders should go long if a close over 1.4590 occurs..

March Canadian Dollar
Support should appear at 6223 and the 6190 to 6165 region.
Resistance is at 6270 and 6305

March Aussie Dollar
Support should appear near the 5036 then 4995 to 4973
Resistance should appear near 5067 and 5095

Stay tuned for Forex Updates

The Sensational Bond and Stock Markets

March 10 Year T-Note
Resistance should appear near 104-23 and 105-12 then 105-23
Support is at 104-12 to 104-07 and 103-23.

Dow Jones Industrial Average
Nearby Resistance should appear near 10,136. Beyond that sellers should appear near 10,185. Above that sellers should appear near 10,320 to 10,360
Nearby Support should appear near 10,104 and 10,069, under that support should appear near the
10,037 to 10,021 region.

March SP500
Resistance should appear near the 1164 to 1169 region .BW . Traders can sell at 1163.90 for a turn lower, risk a close over 1169 for three days in a row.. Beyond that a test of 1180.50 and the 1192 to 1203 region is likely.

Support should appear near 1150 then 1143 and the 1136 to 1130 region.

Nasdaq Composite
Resistance is at 1982 to 1996 and the 2030 to 2040 region
Support is at 1953 to 1946 and the 1910 to 1900 region..Under that support is at 1865 to 1858

March Mini- Nasdaq 100
Resistance is at 1615 and the 1642 to 1655 region. Beyond that sellers should appear near 1689 to 1696
Support is at 1692.5 and 1576 to 1569.. under that a test of the 1535 to 1529 region is likely.

Precious Metals
February Gold
Recommended open position long 2 at 278.4
Support should appear near 277.5 to 275.8 and 274.1.. Under that buyers should appear near 272.4 to 271.6..
Resistance is at 279.7 and 282.0 to 282.8

March Copper
Support should appear near 6835 to 6805 and the 6755 to 6740 region. Under that buyers should appear near 6670 to 6655..BW Traders can buy at 6675 and risk a close under 6570 for three days in a row..
Resistance should appear near the 6905 to 6920 and the 6990 to 7005 region...

March Silver
Recommended open position long at 442.0
Support should appear near 444.5 to 442.5 and the 438.5 to 437 region.
Resistance is at 450.5 to 451.5

Stay tuned for Updates..

The Exciting Energies
February Crude Oil
Resistance should appear near 2126 to 2134 then 2170 to 2185 and the 2220 to 2240 region.
Support is at 2080 and the 2040 to 2030 region

February Unleaded Gas
Support should appear near the 5955 to 5945 region .Under that buyers should appear near 5805 to 5790 and the 5730 to 5715 region
Resistance is at 6100 to 6115 then 6165 to 6190 and 6255 to 6270.

Trade Accordingly

February Heating Oil
Resistance is a 5945 to 5955 then 6025 to 6035 and 6165 to 6190
Support should appear near 5850 and 5810 to 5790. under that buyers should appear near 5730 to 5715..

Trade Accordingly

The Lively Livestock Markets

February Live Cattle
Recommended Position Short 6987
Support should appear near the 7002 to 6992 region.. Under that a test of 6957 is likely.
Resistance is at 7037 and the 7077 to 7087 region.

Trade Accordingly and stay tuned for Updates..

February Lean Hogs
Support is at 5577 to 5552 and the 5507 to 5482 region..
Resistance is at 5642 to 5657 and the 5717 to 5732 region. .

Stay tuned for Updates and new trades in the Hogs..

February Pork Bellies
Support should appear near 8047 to 8027 then 7957 to 7937 and the 7867 to 7837 region.
Resistance should appear near 8117 to 8132 and the 8192 to 8227 region.. Beyond that 8300 to 8317 should Cap a rally.. Aggressive BW Traders can sell at 8192 for a turn lower and risk a close over 8317 for three days in a row.

Stay tuned for Livestock and Belly Updates and Flashes
March Soybeans
Recommended open position Long at 432
Resistance is at 430 1.2 to 431 1/2 and 437 to 438 1/2.
Support should appear near 425 to 423 1/2 and should contain a decline...

March Soybean Meal
Support should appear near 142.1 to 141.5
Resistance is at 145.6 to 145.9 and 147.1

March Soybean Oil
Support is near 1552 and the 1535 to 1529 region.
Resistance should appear near 1569 to 1576.

Trade Accordingly..

March Corn
Recommended open position , long 213 3/4
Resistance should appear near 210 1/2 and 212 3/4 to 213 1/2.
Support should appear near emerge near 208 3/4 to 208 and the 204 1/4 to 203 1/2 region

March Wheat
Recommended open position long 293
Nearby Support should appear near 288 1/4 to 287 1/2 and the 282 3/4 to 282 region..
. BW Traders can buy at 282 3/4 and hold for higher prices..
Resistance is at 292 3/4 to 293 3/4 .. beyond that a test of 297 1/2 to 299 is likely..

The Satisfying Softs

March Cotton
Support should appear near 3625 to 3610 and the 3505 to 3490 region.
Resistance is at the 3665 to 3685 region. Beyond that a test of 3735 to 3745 is likely

March Coffee
Recommended open position. long at 4960
Support is near 4580 to 4565 and 4515 to 4505
Resistance should appear near 4695 to 4715 and the 4775 to 4785 region..
.
March Sugar
Resistance should appear near 735 to 738 and the 763 to 767 region.
Support should appear near the 723 and the 712 to 704 region.

Trade Accordingly

March Cocoa
Resistance is at 1310 and the 1334 to 1346 region
Support should appear near 1289 then 1274 to 1268.and the 1236 to 1232 region.

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

Happy Trading !
Bill !

Wed December 26th 2001
4:00 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.

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Premier Service
http://www.futurescom.com/premier.htm
Recommended Open Positions as of 12-27-2001
Short 4 March SP500 1129.00
Long 5 Feb Gold 279.8
Short 4 Feb Bellies 7990
Long 20 March Soybeans Beans 437 1/2
Long 10 March Bean Oil 1580
Long 10 March Wheat 285 3/4
Long 5 March Coffee 4740

Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 12-27-2001
NONE

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