Tuesday, June 21, 2005

Cotton Recommendation

YOU MUST ALWAYS BE AWARE THAT THERE IS SIGNIFICANT RISK INVOLVED IN TRADING FUTURES AND/OR OPTIONS ON FUTURES AND ARE NOT SUITABLE FOR ALL INVESTORS.

Trade Recommendation: Buy Dec Cotton @ 51.80/Target 54.00/Stop close 50.00

The longer-term trend has turned up & momentum studies are trending higher. Also, improving China demand & talk of temperatures hitting 103 this week in Texas.

International Futures Group
Anthony Woods
Senior Account Executive
(800)786-4475
tony@ifgfutures.com

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