Oil…Risk Indicators

WTI…93.65 +-10 ticks is resistance. 94.60 is the least risky place to try a short.

USD/JPY…we’ve been looking for the Yen to run the stops back under parity (100).
Yen did this and I do not wish to trade around this level.

I don’t want to get involved with the Equity Indices until mid week.

I’d rather watch than loose money.

The S&P 500 and the Nasd 100 look vulnerable for a good
break. 30 points in the both Indices are possible on an initial down.

Wheat…looks attractive. As long as it stays higher on the day it looks good.
WEAT…(Tecurium Fund). 18.60 is the stop for any longs.

We’re holding off here until later in the day. Then we’ll decide to go Long or wait.

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