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

(March 19, 2002) COTTON: May cotton has firmed up since the flush to 3500 two weeks ago. A run to 4060 looks likely and possibly 4400 if momentum builds. Funds have many short positions tom cover so a rally past the old highs at 4060 should see futures rise quickly.

William Frejlich

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