Saturday Feb 9th

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

FuturesCom Investment Publications
Morning Comments, Thursday Feb 14th, 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 13th , 2001
2:30 PM Eastern Standard Time

The Frenzied Forex Front

March Yen
Recommended open Position Long at 7554
Support should appear near 7486 and 7428 to 7414.
Resistance should appear near 7552 and the 7587 to 7601.region.

March Euro Currency (EC)
Support should appear near the 8683 to 8668 region. BW traders can buy at 8683 and risk a close under 8622 for three days in a row .

Resistance is at 8723 and 8762 to 8777, a close over 8777 is friendly and augurs for a test of 8816 and the 8856 to 8871 region. BW traders should go long if a close over 8777 occurs.

March Swiss Franc
Resistance should appear near 5912 and 5945 to 5957.

Support should appear near the 5880 to 5855 region.. a close under 5855 is negative and augurs for a test of 5805 to 5795  BW Traders should go short if a close under 5854 occurs..

March British Pound
Support should appear near 1.4210 to 1.4150

Resistance is at 1.4272 and 1.4336 region

March Canadian Dollar
Recommended Open Position Long at 6284
Support should appear at 6271 to 6256 and 6227

Resistance is at 6305 , a close over 6305 is friendly and augurs for a test of the 6337 to 6350 region

March Aussie Dollar
Recommended Open Position Long at 5111
Support is at 5067 to 5051

Resistance should appear near 5097 and 5129 to 5135

                                                         The Sensational Stocks and Bonds

Dow Jones Industrial Average
Resistance should appear near 10,021 to 10,037 and the 10,070.
Support should appear near the 9979 and the 9937 to 9921 region.

March SP500
Recommended Open position Short at 1115.40
Resistance should appear near 1122.70 then 1130 and 1133 to 1136

Support should appear at 1115.50 and 1108.70

Nasdaq Composite
Resistance is at 1858 to 1865, beyond that sellers should appear near 1902 to 1909
and the 1946 to 1952 region. .

Support is at 1840 and the 1822 to 1808 region..

Pick Your Poison…

March Mini Nasdaq 100
Nearby Resistance is at 1496 and 1529 to 1535.

Nearby support is at 1484 and 1459 to 1453 ,

Trade Accordingly and Stay tuned….

March 10 Year T-Note
Resistance should appear near 106-07 and 106-23..

Support is at 105-23 and 105-12.

Precious Metals

April Gold
Support should appear near the 299 to 297.2 region. Under that support is 293.7 to 292.8
.BW Traders can buy at 293.8 or better and hold for higher prices..

Resistance is at 303.6 to 304.5

BW Traders should go long if a close over 304.5 occurs

March Copper
Recommended Open Position Long at 7515
Support should appear near 7430 to 7415 and the 7345 to 7325 region

Resistance should appear near 7585 to 7600 and 7765 to 7780

March Silver
Recommended Open Position Long 438.5
Support should appear near 444.5 to 442 and the 438.5 to 437 region..

Resistance is at 451.5, a close over 451.5 and 457 to 458.5 .
Beyond that a trade towards the 463.5 to 465 region is likely.

Aggressive BW Traders should go long if a close over 451.5 occurs. ..

The Exciting Energies

March Crude Oil
Support should appear near 2088 to 2080 and 2042 to 2034 under that buyers should appear near the 1996 to 1982.

Resistance is at 2126 to 2134 and the 2170 to 2185 region.

March Unleaded Gas
Support should appear near 6035 to 6025 and 5960 to 5945 then 5880 to 5855.

Resistance is at 6100 to 6115 and 6165 to 6190 then 6255 to 6270.

March Heating Oil
Resistance is at 5555 to 5580 and the 5645 to 5655 region. Beyond that sellers should appear
near 5715 to 5730

Support should appear near 5505 to 5490 and 5430 to 5415.
.

The Lively Livestock

April Live Cattle
Recommended Open Position Long 7602
Support should appear near 7587 and 7552 . Below that support should appear near 7512 to 7487.

Resistance is at 7637 and 7672 to 7692

April Hogs
Recommended Open Position Short at 6017
Nearby Support is at 5992 then 5957 to 5942 and the 5882 to 5857 region...

Resistance is at 6037 then 6067 and the 6102 to 6112 region.

June Hogs
Support is at 6592 to 6577 and the 6512 to 6482 region ..

Resistance is at the 6657 to 6672 and 6742 to 6757..

March Pork Bellies
Nearby Support should appear at 7602 to 7587 and 7512 to 7487

Nearby Resistance is at 7672 to 7687 Beyond that sellers should appear near 7776 to 7777. Aggressive BW Traders can sell at 7762 and hold for lower prices..

-Stay tuned for Livestock and Belly Updates and Flashes-

The Grande' Grains

March Soybeans
Recommended Open Position Long at 436

Resistance is at 442 1/2 to 444 3/4 and the 450 1/2 to 451 1/2 region.. .
Support should appear near 4381/2 to 437 and 431 1/2 to 430 1/2

March Soybean Meal
Recommended Open Position Long at 149.8
Support should appear near 149.6 to 148.4 and 145.9 to 145.3.
BW Traders can buy at 145.9 for a bounce and risk a close under 145.3 for three days in a row.

Resistance is at 152.9 to 153.5 and 156.9 to 157.6 .

March Soybean Oil
Support is near 1535 to 1529 and 1496 to 1484 ..

Resistance is at 1569 to 1576 and 1592.

March Corn
Resistance should appear near 210 3/4 and the 212 3/4 to 213 1/2 region.

Support is at the 208 1/4 and 206 1/2
BW Traders should go, long if a close over 208 3/4 occurs..

March Wheat
Nearby Support should appear near 282 and 279 1/4.. Below that buyers should appear near the 277 1/2 to 275 3/4 region. Under that 272 1/2 to 271 3/4 should contain a decline...

Resistance is at 282 3/4 and the 287 1/2 to 288 1/4 region.
Aggressive BW Traders should go long if a close over 282 3/4 occurs..

The Satisfying Softs

May Cotton
Recommended Open position Long at 3860
Support should appear near the 3685 to 3665 and 3565 to 3555
Resistance is at 3745 and 3795 to 3805 then 3855 to 3865

May Coffee
Recommended Open Position: Long 4655
Support is near 4580 to 4570 and the 4515 to 4505 region.

Resistance should appear near 4640 to 4655 and 4695 to 4715

May Sugar
Support should appear near the 562 to 559 and the 539 to 534 region.

Resistance should appear near 582 to 586, a close over augurs for a test of 601 to 609

BW Traders should go long if a close over 586 occurs.

May Cocoa
Resistance is at 1484 to 1496, a close over is friendly and augurs for a test 1529 to 1535 ..

Support should appear near 1453 and the 1421 to 1415 region. BW Traders can buy at 1422 and hold for higher prices..

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
Wed February 13th 2002
3:45 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.