Current views, speculations and
suggestions
(good till close of business today). These
are technical in nature
only, not fundamental.
Mar ES: pos with support at 1111.25
Mar NQ: pos with support at 1842.00.
Mar Mini Dow: pos with support at 1037
Feb Gold: neg with res at 1107.00
Mar Silver: pos with support at 16.95
Mar Copper: neg with res at 326.00
Mar Yen: neg with res at 109.86
Mar Swiss: neg with res at 97.34
Mar EC: neg with res at 144.43
Mar Canadian: pos with support at 94.78
Mar BP: neg with res at 160.22
Mar Aussie: neg with res at 87.94
Feb Crude: pos with support at 74.95
Feb Mini Nat Gas: pos with support at 5.66
Mar Soybeans: neg with res at 10.17
Mar Wheat: pos with support at 5.21
Mar Ten Year: neg with res at 116.15
Mar 30 Year : neg with res at 116.15 (I
know they are both the
same)
June Eurodollar: neg with res at 99.40
********************************************
Futures trading entails considerable risk
and is not for
everyone. An account can lose more than
its initial investment.
Stops are not necessarily filled at the
stop level. Past
performance is not a guarantee of future
results.
Charles Kespert
***********************
HYPOTHETICAL PERFORMANCE RESULTS HAVE
MANY INHERENT LIMITATIONS, SOME OF WHICH
ARE DESCRIBED BELOW. NO REPRESENTATION IS
BEING MADE THAT ANY ACCOUNT WILL OR IS
LIKELY TO ACHIEVE PROFITS OR LOSSES
SIMILAR
TO THOSE SHOWN. IN FACT, THERE ARE
FREQUENTLY SHARP DIFFERENCES BETWEEN
HYPOTHETICAL PERFORMANCE RESULTS AND THE
ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY
ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL
PERFORMANCE RESULTS IS THAT THEY ARE
GENERALLY PREPARED WITH THE BENEFIT OF
HINDSIGHT. IN ADDITION, AL TRADING DOES
NOT
INVOLVE FINANCIAL RISK, AND NO
HYPOTHETIOTHETICAL TRADING RECORD CAN
COMPLETELY ACCOUNT FOR THE IMPACT OF
FINANCIAL RISK IN ACTUAL TRADING. FOR
EXAMPLE, THE ABILITY TO WITHSTAND LOSSES
OR
TO ADHERE TO A PARTICULAR TRADING PROGRAM
IN SPITE OF TRADING LOSSES ARE MATERIAL
POINTS
WHICH CAN ALSO ADVERSELY AFFECT ACTUAL
TRADING RESULTS. THERE ARE NUMEROUS OTHER
FACTORS RELATED TO THE MARKETS IN GENERAL
OR TO THE IMPLEMENTATION OF ANY SPECIFIC
TRADING PROGRAM WHICH CANNOT BE FULLY
ACCOUNTED FOR IN THE PREPARATION OF
HYPOTHETICAL PERFORMANCE RESULTS AND ALL
OF WHICH CAN ADVERSELY AFFECT ACTUAL
TRADING RESULTS.