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FuturesCom Investment Publications
Morning Comments Thursday Sept 30th,2004
 Serving Professional and Individual Traders World Wide since 1988
7690 Rockport Circle ,  Lake Worth ,  Florida 33467 -  USA and Canada Toll Free : 1-866-409-3890 -  Intl : 1- 561-433-2995  http://www.futurescom.com

Wed Sept 29th  2004
2:15 PM  Eastern time   

Open BW Positions
                         

                             The Frenzied Forex Front
Dec Yen
Resistance should appear near  9060 and 9140  to 9156
Support should appear near  8964 to 8934

Dec Euro Currency (EC)
Recommended Open Position Short 2 at 12155 avg
Support should appear at  12320 and 12247   
Resistance is at the 12350 to12380 

Dec Swiss Franc
Recommended open Position Short 2  at 7944 avg
Resistance should appear near 8029 to 8044.  
Support should appear near 7954 to 7939  

Dec British Pound
Recommended open Postion short at 17732
Support  should appear near 17800 to 17740   
Resistance should appear near 18080 to 18220 

Dec Canadian Dollar
Recommended open Postion short at 7762
Support should appear near 7836 and 7777 to 7763 
Resistance is at  7864 and 7901

Dec Aussie Dollar
Support should appear near  7088 to 7074  
Resistance should appear at 7143 to 7170 
                               

                                   The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Resistance should appear near 10104 to 10136  and 10185
Support should appear near  10037 to 10021 

December SP500
Recommended open position Long at 1123.90
Resistance should appear near 1115.50 and 1130.00  to 1136.00. 
Support should appear near 1101.00 to 1096.00  and 1082.00 
 
Nasdaq Composite
Support should appear near 1865 to 1858 
Resistance should appear near 1902 to 1909   

Dec Mini Nasdaq 100
Resistance is at 1415 to 1421 
Support is at 1383 to 1377 

December 10 Year T-Note
Resistance should appear near 13-07 and 113-22  
Support is at 112-22 and 112-07

Precious Metals

December  Gold
Recommended Open Postion Short 3 at 404.4 avg
Resistance should appear at 416.3 to 418.3
Support is at 412  to  411 
BW Traders should go short if a close under 404.4 occurs.

December Copper
Recommended open Position Short at 130.20 
Support should appear near 138.30 to 13770 
Resistance should appear near  14150 to 14210

Dec Silver
 Recommended Open Postion Short at 657
Support should appear near  667.5 to 666.5 
Resistance is at  674.5 to  675.5 
                                 The Exciting Energies
Nov Crude Oil
Resistance  should appear near 4973 to 4995 and  5058 to 5067  
Support should appear near 4926 to 4915 and 4855 to 4845

Nov Unleaded  Gas
Recommended open Postion short 2 at 12925  avg
Resistance should appear near 13770 to 13830
Support should appear near 13100 to 13040

Nov Heating Oil
Support should appear near 13460 to 13340
Resistance  should appear near 13770 to 13830 and 14150 to 14210

                                                            The Lively Livestock

December Cattle
 Recommended open position short at 8697
Support should appear near 8777 to 8762 and 8683 to 8667
Resistance is at 8857 to 8872 and 8932 to 8967 

December  Hogs
Recommended open Postion short at 6987
Support is at 6837 to 6807 and 6752 to  6742   
Resistance is at 6907 to 6922 and  6992 to 7002  

February  Pork Bellies
Resistance should appear near 9707 to 9737 and 9822 to 9837
Support  is 9642 to 9622 and 9542 to 9527 
                         --Stay tuned for BW updates and Flashes in the Livestock complex --

                      

                                            The Grande’ Grains
December Corn
Support should appear near 204 1/4 to 203 1/2 and 199 3/4 to 198 1/4 
Resistance  is at 208 to 208 3/4 and 212 3/4 to 213 1/2

November Beans
Support is at 528 1/4 to 525 3/4 and 521 1/2 to 521
Resistance is at 534 1/2 to 535 3./4 and 541 3/4 to 543 

 December Soymeal
Support should appear near 161.5 to 160.9 and 157.6 to 156.9 
Resistance should appear near 164.2 to 165.5 

December Soybean Oil
Resistance should appear near 2126 to 2134 and 2170 to 2185
Support should appear near  2080 and 2042 to 2034

December CBOT Wheat
Recommended open Position Long 2 at 330 1/2 avg 
Support should appear near 315 3/4 to 314 3/4 and 310 1/4 to 309 1/4
Resistance  should appear near 321 1/4 and 326 1/4 to 327             
                       The Satisfying Softs

December  Coffee 
Support is near the 8195 to 8225 and 8300 to 8315
Resistance should appear near 8045 to 8025 and 7955 to 7945 . 

December Cocoa 
Support is at 1421 to 1415
Resistance is at  1453 to 1459    

March Sugar
Recommended open Position Short at 858
Support should appear near 882 to 877.
Resistance should appear near 907 to 912 

December Cotton
Support should appear near  4695 and 4585 to 4570
Resistance should appear near 4775 to 4785 and 4845 to 4855  
- A Ship in Harbor is Safe...But that is not what ships are built for –

Happy Trading!   
Bill  wil@futurescom.com
1-866-409-3890

Wed Sept 29th 2004
3:30 PM  South Florida Beach Time

 THIS PUBLICATION IS SUBJECT TO REVISIONS AND 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. 
FuturesCom Investment Publications Copyright@1996-2004 all rights reserved                                
Recommended Open BW  Positions
 Short 2  Dec EC 12155 avg
Short 2  December Swiss Franc 7944 avg
Short December British Pounds 17732 
Long Dec SP500 1123.90
Short 3 Dec Gold 404.4 avg
Short Dec Copper 130.20 
Short Dec silver 657 
Short  2 Nov Unleaded Gas 12925 avg 
Short Dec Cattle 8697 
Short December Hogs 6987
Long 2  Dec Wheat 330 1/2 avg 
Short March Sugar 858 

                                                                          Terms