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March cotton locks limit up again, closing at $1.8758, now up nearly 14% for the week, a run...

March cotton locks limit up again, closing at $1.8758, now up nearly 14% for the week, a run analysts attribute to speculative buying. "I cannot say this clearly enough: this is not mill buying," says Sharon Johnson of Penson Futures, "mills cannot buy at these prices." BAL +5.5%.
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Comments (2)
  • Burning Madolf
    , contributor
    Comments (200) | Send Message
     
    Yes, CT is trading like an old-time internet stock. However, on a 6 month chart, it looks a lot more realistic than a 6 month chart of the S&P futures.
    10 Feb 2011, 06:33 PM Reply Like
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    I cannot say this clearly enough: Bull Shit.
    10 Feb 2011, 06:42 PM Reply Like
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