Economic and Investment Trend Analysis - Socio Economics - Forex - Bonds - Dow Jones - Nasdaq - SP500- 
Precious Metals - Energy - Livestock - Grains - Softs

FuturesCom Investment Publications
Morning Comments Feb 7th, 2002
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
Description of Services            Premier Service

Wed Feb 6th, 2002
2:30 PM Eastern Standard Time

                                                       Financial Markets 
On the Frenzied Forex Front

March Yen 
Support should appear near 7486  and 7457 then 7428 to 7414
Resistance should appear near 7513 then 7550 and then 7587 to 7601 region

 March Euro Currency (EC)
Support should appear near 8668 then  8629 and 8589 to 8560
Resistance is at 8683 and the 8762 to 8777 region..
March Swiss Franc 
Resistance should appear near 5912 and 5945 to 5957.
Support should appear near 5880 to 5855 and 5805 to 5795
.

March  British Pound
Support should appear near 1.4072 and 1.3990 .. 
Resistance is at 1.4150 to 1.4210 and 1.4272

March Canadian Dollar
Support should appear at 6190 to 6165.
Resistance is a t6257 to 6270

March Aussie Dollar
Support is at  5067 to 5035 and 4995 to 4975   
Resistance should appear near  5098, beyond that a test of 5127 to 5135 is likely
                                                               Stay tuned for Forex Updates

         The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Resistance should appear near  9673 and 9706 to 9737  and 9779 beyond that 9821 to 9837 offers resistance    
Support should appear near the 9641 to 9625  region. Under that a test of the 9542 to 9526 region is likely. 
 
March SP500
Resistance is at 1089 and the 1096 to 1098 region.. beyond that a test of 1101 is likely.. 
above that sellers should appear near 1108.7 and 1115.50.
Support should appear at 1082.00,under that a test of the 1068.00 to 1063.00 region is likely.
Below that 1058.00 offers support.. 
.

Nasdaq Composite
Resistance is at 1840 and 1858 to 1865 then 1883.5
Support is at  1808 and the 1780 to 1774 region.

March Mini- Nasdaq 100
Resistance is at 1453 to 1459 then 1471 and  1484 to 1496.. Beyond that sellers should appear near 
the 1529 to 1535 region
Support is at  1437  and the 1421 to 1415  region. 
Trade Accordingly and Stay tuned…. 

March 10 Year  T-Note
Resistance should appear near 107-07 and 107-17 to 107-21
Support is at 106-23 and 106-12 to 106-07.  
Precious Metals

April Gold 
Resistance  should appear near 299 then 303.5 to 304.5 and 309 to 310.5
Support is at 297.2 and  293.7to 292.8

March Copper
Support should appear near 7255 to 7240 and 7170 to 7140
Resistance should appear near  7345 and 7415 to 7430   

March Silver
 Support should appear near 431.5 to 430.5 and 425 to 423 1/2.
Resistance is at 437 to 438 1/2 and the 442 1/2 to 444.5 region..


The Exciting Energies  

March Crude Oil
Support should appear near 1953 to 1946 and the 1909 to 1902 region.. 
Resistance is at 1982 to 1996 and 2034 to 2042... 

March Unleaded Gas
 Support should appear near the 5655 to 5645 region. Below that buyers should appear near
 5580 to 5550.  
Resistance is at the  5715 to 5730 and 5790 to 5805 and the 5855 to  5880 region. 
 
March Heating Oil 
 Resistance is at 5345 to 5355 and  5415 to 5430.. Beyond that sellers should appear near 5490 to 5505  
Support should appear near 5280 to 5255 and the 5140 to 5125 region  Below that
 Buyers should appear near 5065 to 5035
 
Trade Accordingly and stay tuned for updates.                                                      

The Lively Livestock Markets

April Live Cattle 
Support should appear near 7602 to 7587 and 7517 to 7487
Resistance is at  7672 to 7692

-Stay tuned for updates--

April  Hogs 
Support is at  6192 to 6167 and the 6112 to 6102 region
Resistance is at 6257 to 6272 and 6337 to 6352
.
June Hogs 
Support is at 6757 to 6742 and the 6672 to 6657 region.    
Resistance is at 6807 to 6837 and 6907 to 6922

March Pork Bellies
Support should appear near 7512 to 7487 and the 7432 to 7417 region 
Resistance is at the 7587 to 7602 and the 7672 to 7692 region 
  
                                               -Stay tuned for Livestock and Belly Updates and Flashes-

The ‘Grand’ Grain Markets

March  Soybeans 
 Resistance is  430 1/.2 to 431 1/2 
Support should appear near 425 to 423 ..


March Soybean Meal 
Support should appear near 148.4..Below that 145.9 to 145.3 should hold.. 
Resistance is at  152.9 to 153.5 and 156.9 to 157.6

March Soybean Oil 
Support is near 1496 to 1484..
Resistance should appear near  1529 to 1535 and 1552 

March Corn 
Resistance should appear near 208 to 208 3/4
Support is at  203 1/2 and 199 3/4 to 198 1/2

 March Wheat
Nearby Support should appear near  279 3/4 under that 277 1/2 to 275 1/2 should hold.  
Resistance is at 282 to 282 3/4 and  285 1/4

                       The Satisfying Softs

March Cotton 
Support should appear near the  3695 to 3665 and 3625 to 3610.  
Resistance is at the 3795 to 3805 and 3855 to 3865. 

March Coffee
Support is should appear near  4445 to 4425 and 4315 to 4305.
Resistance should appear near  4515 then 4570 to 4580 and 4635 to 4650 

March Sugar
 Resistance  should appear near 656 to 661
Support should appear near 634 to 630 then  620 and 609 to 601 
Trade Accordingly

March Cocoa 
Resistance is at  1396 and 1415 to 1421.. Beyond that 1453 to 1459 should cap the rally for a bit.. 
 Support should appear near 1383 to 1377 and 1346 to 1334

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

Happy Trading !
Bill  
bill@futurescom.com
1--561-433-2995

Tuesday Feb 5th,   2002  
4:05 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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FuturesCom Investment Publications -Copyright@1996-2002 all rights reserved

Premier Service
http://www.futurescom.com/premier.htm
Recommended Open Positions as of 2-06-2002
Long 10 March EC 8813
Long 20 March Swiss Franc 5963 avg
Long 10 March Aussie Dollar 5156 avg
Short 7 March SP500 1094.70 avg
Long 20 April Gold 290.6 avg 
Long 10 March Silver 443.2 avg
Short 25 April Hogs 6067 avg
Short 5 Feb Bellies 7400
Short 4 March Bellies 7652
Long 20 March Soybeans 442 avg 
Long 10 March Soymeal 153.6 avg
Long 20 March Corn 213 3/4
Long 20 March Wheat 299 1/4 avg
Long 20 May Wheat  301 1/2 avg
Long 5 March Coffee 4920

Index Program
http://www.futurescom.com/index01.htm
Recommended Open Position as of 2-05-2002
NONE

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

FuturesCom Investment Publications
Copyright@1996-2002 all rights Reserved