COTTON CRASH!!!
Posted on February 18th, 2011
The big cotton ETN $BAL is getting hammered this morning, down 10%.
Here’s a look at cotton futures, which are diving
Meanwhile, at FT Alphaville, Tracy Alloway passes on a research comment from Sean Corrigan, which states that the up move in cotton has been a 10-sigma event.
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Tags: Cotton, Cotton Crash
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