Headlines – 2008.09.29

STOCKS: Expect at least another downward probe in prices early this week
BONDS: For the time being fear of severe slowing controls market sentiment
CURRENCIES: For the near term the Dollar looks to dominate
COPPER: Expect serious deflating of copper prices directly ahead
METALS: The fear of too much slowing is set to replace flight to quality
CATTLE: Weakness in beef and a surge in the US dollar; choppy to lower ahead
HOGS: USDA report very neutral; down this week and discount to support; chop
BEANS: If the bailout passes today, it may bring a bounce. Sell that bounce.
CORN: Passage of a bailout considered likely, but a relief rally is a sale.
WHEAT: Wheat following rest of the world lower. Look for bounce from new lows.
ENERGY: Weak global economy & demand, strong $ leave the bears in control
COTTON: More weakness ahead as demand slow to respond; 57.55 next Obj
COFFEE: Weakness as aggressive selling trend persists; light demand concerns
SUGAR: Holding well in face of strong dollar/weak energy; index funds?
COCOA: Gap lower starts next leg down on $ strength & weakening global demand