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kenny1703 (< 20)

Cotton trades quietly ahead of holiday

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January 03, 2013 – Comments (0)

Cotton futures gained on Friday and are trading a little higher this morning. Cotton available for delivery increased to 81,185 bales, up 2,322 bales.

The market will close at noon today for the holiday.

The US Dollar Index is down 12 points at 79.59.Crude oil is down 8 cents at $88.58.March soybeans are up 2 cents at $14.31 ¼.March corn is up 3 ¼ cents at $7.05 ¼.March wheat is up ½ cent at $7.92 ½.

Happy Holidays.

FLANAGAN TRADING CORPORATION

4901 Draycroft Place, Fuquay-Varina, North Carolina, 27526

Tel:  919-557-8200  E-mail:  cottonjohn@aol.com

Cell:  919 801 1567

This material has been prepared by a sales or trading employee or agent of Flanagan Trading Corp and is, or is in the nature of, a solicitation. This material is not a research report prepared by Flanagan Trading Corp.. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.

DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW.  PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS.  TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION.

The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Flanagan Trading Corp. believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades.

Source: http://www.futuresknowledge.com

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