Subject: Trader, Economy Hopes Boost Stocks and Dollar
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Date: Sat, 24 Nov 2001 08:58:06 -0800 (PST)

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X-OriginalArrivalTime: 24 Nov 2001 16:58:06.0278 (UTC) FILETIME=[2FF44E60:01C17509]

W E E K L Y    F I N A N C I A L    U P D A T E
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- Saturday, November 24, 2001
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<1> 	Weekly Market Wrap
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Dear Trader:

Greater hopes for a speedy turnaround in the U.S. economy 
helped Equities and the U.S. Dollar advance during a week 
cut short by America's Thanksgiving holiday. The Dow Jones 
Industrial Average closed at 9,959.71, up 125.03, on Friday 
and traders will be watching to see if it can climb above 
the psychologically-important 10,000 mark. In a quiet 
commodities sector, short-covering and firm cash markets 
propelled Cattle and Hog futures higher, while tight 
supplies and supportive technicals boosted Sugar to a nine-
week peak. Grains and Soy products were generally quiet and 
little changed, although Soyoil enjoyed a sharp gain. Crude 
Oil sagged amid a standoff on production cuts, while Silver 
continued to lose its shine and dipped to an eight-year low. 

- Alex McCallum, Editorial Director & Forum Moderator

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DISCLAIMER - CFTC RULE 4.41 - HYPOTHETICAL OR 
SIMULATED PERFORMANCE RESULTS HAVE CERTAIN 
LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, 
SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. 
ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE 
RESULTS MAY HAVE UNDER- OR-OVER COMPENSATED FOR THE 
IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS 
LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN 
GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE 
DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO 
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR 
IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO 
THOSE SHOWN. 

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