Euro Vulnerable

November 16, 2001
Dave Landry

Each evening we
focus on the most interesting aspects for the upcoming
trading day. The comments are based on observations of the
nightly updates of the Futures and Market Bias pages. They
are provided for educational purposes only and are not
intended to be direct trading advice. Also, keep in mind
that these remarks are made up to 12 hours in advance of the
markets opening. Therefore, overnight events may alter the
outcome of these observations.

The December Canadian Dollar
(
CDZ1 |
Quote |
Chart |
News |
PowerRating),
mentioned recently, still looks like it has the potential to resume its
downtrend.

The December Euro
(
ECZ1 |
Quote |
Chart |
News |
PowerRating) is pulling back
from low and looks poised to continue its downtrend.

December live cattle
(
LCZ1 |
Quote |
Chart |
News |
PowerRating), mentioned
recently, still look like they
have the potential to resume their strong downtrend out of a pullback from lows.Â