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The data and opinions in this report are for general information use only and are not

intended as an offer or solicitation with respect to the purchase or sale of any futures

contracts. Although all information and opinions are believed to be reliable, we cannot

guarantee its accuracy or completeness. The open trade and previous recommendations

were suggested, but that does not necessarily mean any individual followed the trades

exactly as recommended. This newsletter has been prepared without regard to the specific

investment objectives, financial situation and needs of any particular recipient. Past performance

is not necessarily indicative of future results. There is a significant risk of loss associated with

trading futures and options. It should be noted that the impact on market prices due to seasonal

or market cycles and current news events may be reflected in current prices.

Jerry Welch, Commodity Insite!
Call me at 406 -682 -5010
Ennis, Montana 59729

Follow me on twitter@commodityinsite

Since July 27, I have only offered three trading recommendations for the Nasdaq E-mini and I offered another one today. Prior to today, the three previous trades were not losers. No big winners but no losers either. And what I suggested today was in the following Special Email Alert that were sent to my subscribers and brokerage clients. Please note the time sent.

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SPECIAL EMAIL ALERT!


Sell (1) December E-mini Nasdaq at the market. The last is 6120.25, up 9.25. The range for the day is 6128.00 to 6105.00. Use 61.29.00 stop, intra-day.


The Nasdaq and the Russell have not posted new highs but the Dow and the S&P have. If any stock index can trade in the red today it seems the odds are high it will be the Nasdaq. Probe the short side with a stop at the high of the day.


The time is 6:50 a.m. Chicago


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SPECIAL EMAIL ALERT!


Move stops down on short December E-mini Nasdaq sold today at 6117.50 to 6114.50, intra-day. Moving the stop down will lock in 3.00. And the last for the Nasdaq is 6100.00 down 11.00.


As I type furiously away, all stocks indexes are lower except the Dow that is holding tight to a 23 point gain. Should the Dow flash red, it will be a downside key reversal and likely viewed as quite bearish the other indexes that are already trading lower.


Sell rallies with cattle, feeders, hogs and continue to hold long corn that is 11/2 cents higher but soybeans 13/4 lower. Other than spreads, avoid the long side of all markets.


The time is 9:15 a.m. Chicago

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As I type furiously away, the S&P is 5.50 lower, the Russell 2000 is 7.40 lower and the Nasdaq is in the red by 22.50 and trading at 6088.00. My shorts from 6117.50 look pretty good and my stop has been lowered.


The Dow on the other hand is unchanged to 1 tick lower. Any close in the red for the Dow is a downside key reversal. But day is still relatively young and subject to changed. But as I stated time and again this month: "I have do desire to be long much of anything." And that includes the Dow that is flashing a downside k-r, one of the most reliable of all sell signals.


The time is 1:16 p.m. Chicago



The data and opinions in this report are for general information use only and are not

intended as an offer or solicitation with respect to the purchase or sale of any futures

contracts. Although all information and opinions are believed to be reliable, we cannot

guarantee its accuracy or completeness. The open trade and previous recommendations

were suggested, but that does not necessarily mean any individual followed the trades

exactly as recommended. This newsletter has been prepared without regard to the specific

investment objectives, financial situation and needs of any particular recipient. Past performance

is not necessarily indicative of future results. There is a significant risk of loss associated with

trading futures and options. It should be noted that the impact on market prices due to seasonal

or market cycles and current news events may be reflected in current prices.





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About the author


Jerry Welch has been in the futures industry since the late 1970's and is a true veteran of the markets. He has been quoted often in Wall Street Journal and is author of Commodity Insite, one of the longest commodity futures newspaper columns in history. His weekly column has been published each week since the mid 1980's and is one of the most recognized names in the world of commodities.

Mr. Welch is also known widely as a, "so so" flyfisherman.  

His column is published by the Illinois Agri News in La Salle, Illinois, Cattle Today, in Fayette, Alabama as well as Consensus, in Kansas City, Kansas.

He can be contacted at 406.682.5010 for a view of his, "twice a day" market column that includes price forecasts and trading suggestions.

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