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FuturesCom Investment Publications
Morning Comments Friday October 29th 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

Thursday October 28th  2004
5:40 PM  Eastern time   

Open BW Positions

                            The Frenzied Forex Front

Dec Yen
Resistance should appear near 9445 and 9526 to 9542
Support should appear near 9347 to 9316.

Dec Euro Currency (EC)
Support should appear at 12710 to 12680 and 12530
Resistance is at 12740 then 12815 and 12890

Dec Swiss Franc
 Resistance should appear near 8391 to 8406
 Support should appear near 8314 to 8300

Dec British Pound
Support should appear near  18150 and18080 
Resistance should appear near 183.10 and 18400 

Dec Canadian Dollar
Support should appear near 8044 to 8029 
Resistance is at 8194 to 8223

Dec Aussie Dollar
Support should appear near 7342 to 7328.
Resistance should appear at 7414 to 7428 

                                       The Sensational Stock and Bond Markets

Dow Jones Industrial Average
Resistance should appear near 10021 to 10037 and 10104 to 10136
Support should appear near 9937 to 9921 and 9837 to 9821 

Dec SP500
Resistance should appear near 1130.00 to 1136.00
Support should appear near 1115.50 and 1101.00 to 1096.00

Nasdaq Composite
Support should appear near 1953 to 1946  
Resistance should appear near 1982 to 1996

Dec Mini Nasdaq 100
Resistance is at 1484 to 1496
Support is at 1459 to 1453

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

Precious Metals

December Gold
Resistance should appear at  430.4 to  431.5 
Support is at  424.9 to 423.8

Dec Copper
Support should appear near 12380 to 12320 and 12030 to 11920   
Resistance should appear near 12680 to 12740 and 13040 to 13100 

Dec Silver
Support should appear  717 to 714 and 700.5 to 699.0
Resistance is at  724.5 to 725.5 and 732.5 to 734.5


                            The Exciting Energies

Dec Crude Oil
Resistance should appear near 5127 to 5139 and 5200 to 5211 
 Support should appear near  5067 to 5056 and 4926 to 4915
 
December Unleaded Gas 
 Resistance should appear near 13040 to 13100 and 13340 to 13460 
Support should appear near  12740 to 12680 and 12380 to 12320 

Dec Heating Oil
Resistance should appear near 14530 to 14590 
Support should appear near 14210 to 14150 

The Lively Livestock

December Cattle
Support should appear near 8587 to 8562 and 8497 to 8482
Resistance is at 8762 to 8777 and 8857 to 8872.

December Hogs
Support is at  6592 to 6577 and 6512 to 6482
Resistance is at 6657 to 6672 and 6742 to 6757

February Pork Bellies
Resistance should appear near 9527 to 9542 and 9707 to 9737
Support is at 9347 to 9316 and 9157 to 9142.                  

                                 The Grande’ Grains

December Corn
Support should appear near 204 1/4 to 203 1/2
Resistance is at 208 to 208 3/4

January Soybeans
Support is at 528 1/4 to 525 3/4 and 521 1/4 to 520 
Resistance is at  535 3/4 and 541 3/4 to 543

December Soymeal
Support should appear near 153.5 to 152.9 
Resistance should appear near 156.9 to 157.6

December Soybean Oil
Resistance should appear near 2170 to 2185 and 2219 to 2226 
Support should appear near 2134 to 2126 and 2089 to 2080


December CBOT Wheat
Support should appear near 321 1/4 to 319 1/2 and  315 3/4 to  314 3/4   
Resistance should appear near 326 1/4 to 327 and 331 3/4 to 332 3/4 

                              
                                    The Satisfying Softs
December Coffee 
Support is near 7760 then 7690 to 7675 and 7605 to 7585
Resistance should appear near 7835 to 7865 and 8030 to 8045

December Cocoa 
Support is at 1459 to 1453
Resistance is at 1496 and 1529 to 1535

March Sugar
Support should appear near 852 to 847 and 823 to 814
Resistance should appear near 877 to 882 and 907 to 912

December Cotton
Support should appear near 4445 to 4425 and 4380 to 4370   
Resistance should appear near 4570 to 4580 and 4635 to 4650
                         
- 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

Thursday October 28th 2004
5:55 PM Eastern 


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 1 Dec Yen 9233
Short 4 Dec EC 12380 avg
Short 2 December Swiss Franc 8141 avg
Short December British Pounds 17732 
Long Dec SP500 1101.10 
Short 3 Dec Gold 404.4 avg
Short Dec Hogs 6510
Long Dec Wheat 306 1/4 
Long Dec Coffee 7860 

                                                                          Terms