I see cotton has more or less been trending with the stock market since the Nov 2008 lows. The chart shows a 2249 td vibration that may or may not mark a reversal in cotton. Though the CIT date is due at end of Oct 2010, due to the length of the cycle I would give it some room, probably to around mid November. If it hasn't marked a significant reversal by then, I would say this cycle is being overwhelmed by the sea of fiat money the world is creating to keep the system afloat. We'll see soon enough.
Kim Rice 10-24-10
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