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Monday, January 09, 2006

WARNING! THIS MARKET MAY BE HOT!

Warning! This market may be hot! You may see this disclaimer on the bottom of the daily Coffee chart. Prices have recently rallied to 6-month highs, with commodity funds switching to a net long position in the last couple of weeks. According to the most recent Commitment of Traders report released on Friday, large speculators were net long 2,844 contracts as of 1/3. Read More....