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Wednesday, August 23, 2006

Cotton Prices Pickin' Up!

Cotton prices pickin' up! Cotton futures are starting to look up, as speculative buying is coming into the market. December Cotton looks to be forming a near-term bottom at 5400, after 3 attempts to take out this key support level have failed. Momentum traders were early buyers yesterday, once December zoomed past the 50-day moving average. Read More....