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CONTACT INFORMATION

You can contact us by sending mail below or you can call toll free:

Phone: 800.840.5617
Phone: 312.920.0212
Fax: 855.994.4111


ADDRESS

United Futures Trading Company, Inc.
9247 Broadway
Suite EE
Merrillville, IN 46410

Resource Pages | Friend Pages

Unemployment comes in at 8.9%, better than 9.1%

Top Day Recommendations

3.04.11

The headline number comes in at 8.9% Expectation was for 9.1 With non farm payroll at 192K Expectation was for 196K bA generally good report considering the weather. Lots of noise after the release, lots of heat without much warmth. Calls growing for a release of strategic oil reserves which are brimming to the rim, totally full at 727 million barrels. Factory orders at 10. This Week's Calendar

Date ET Release For Actual Briefing.com Consensus Prior Revised

From

Mar 02 07:00 MBA Mortgage Index 02/25 -6.5% NA NA +13.2%

Mar 02 07:30 Challenger Job Cuts Feb 20.0% NA NA -46.1%

Mar 02 08:15 ADP Employment Change Feb 217K 160K 165K 189K 187K

Mar 02 10:30 Crude Inventories 02/26 NA NA 0.822M

Mar 02 14:00 Fed's Beige Book Mar

Mar 03 08:30 Initial Claims 02/26 400K 400K 391K

Mar 03 08:30 Continuing Claims 02/19 3800K 3800K 3790K

Mar 03 08:30 Productivity-Rev. Q4 2.4% 2.3% 2.6%

Mar 03 08:30 Unit Labor Costs - Revised Q4 -0.6% -0.4% -0.6%

Mar 03 10:00 ISM Services Feb 60.0 59.0 59.4

Date ET Release For Actual Briefing.com Consensus Prior Revised

From

Mar 04 08:30 Nonfarm Payrolls Feb 200K 183K 36K

Mar 04 08:30 Nonfarm Private Payrolls Feb 220K 195K 50K

Mar 04 08:30 Unemployment Rate Feb 9.2% 9.1% 9.0%

Mar 04 08:30 Average Workweek Feb 34.3% 34.3 34.2

Mar 04 08:30 Hourly Earnings Feb 0.2% 0.2% 0.4%

Mar 04 10:00 Factory Orders Jan 3.2% 2.1% 0.2%

Current views, speculations and suggestions.

They are good till close of business today. These are strictly technical

in nature, not fundamentally based or biased.

Legend P is Positive N is Negative PRD is Potential Reversal Day S2 is strong support

S1 is good support DS is Daily Support DR is Daily Resistance R1 is Good Resistance

R2 is Strong Resistance S1, S2, E1, R2 change once, weekly, so DS can be below weekly

support levels and DR can be above weekly resistance levels as a week of trading unfolds

Levels are for the most active futures contract

Daily Support and Resistance

Trend S2 S1 DS DR R1 R2

Emini S+P PRD1268 1293 1313 1339 1343 1368

Emini Naz P 2226 2286 2236 2392 2399 2453

Yen P 11894 12067120.93122.121233 12426

EC P 13386 13563138.67140.1113877 14014

10 Year PRD11703 11800117.00118.0011914 11931

30 Year PRD11804 12002117.26118.3012223 12324

SoybeansP 12.53 1314 13.94 14.24 1417 14.59

Corn P 6.34 6.78 7.23 7.42 7.55 7.88

AprGoldP 1377 1393 1405.71432.01422 1439

MaySilverP 30.50 31.9233.92 34.87 34.53 35.73

MayCopperP 414 430 445.75453.50456 469

April P 83.50 90.8 100.4 103.1 104.5 110.77

Crude 6 9 0

N.B.: if you initiate a trade using ANY of these

numbers use a STOP at least equivalent to 2 ½%.

Repeat: use Stops. Don’t think about using Stops.

Use Stops. Some find it appropriate to look at the

margin requirement and use that as a Stop or if

it’s a steep initial requirement, use half. But

whatever you do, stop thinking about any other

alternative and use Stops.

********************************************

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.