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August 24, 2021August 24, 2021

Cotton Shorts

(Originally posted Monday March 29, 2004) Covered the 30 yr. just now at 113.11 as I see it basing after three good days down. Quite pleased. It may drop through support around 113.09 but I think we’ll see a rally first off these levels. Sitting through the cotton short despite the rally this morning. Man, it’s spikey. Cocoa on side but not worth counting as a good trade yet.

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