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THE WINDY CITY TRADER
P.O. BOX 1673, Chicago, Illinois
800-443-2360

(March 5, 2002) COTTON: Much like the corn, the hefty carryover from last year is hindering cotton. May is stuck between 3500 and 3750 and a breakout either way should generate about a 150 to 200 point move. It takes a while for oversupply to work through the system and so we may see the occasional 5-7 cent rallies followed by 4-5 cent dips for the next few months.

William Frejlich

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