Well, I lost some money today being long cotton. But still bullish, it prolly fell due to gold going crazy .
I researched the fundamentals today and they look good, but not great. I own corn now and that has great fundamentals as long a demand keeps up oversees. I am planning on getting in cotton soon but I am worried that the large funds will keep selling this market short despite the fundamentals.
Take a look at the COT, commercials position. I spent a little time in Memphis and the commercials are few in number but very influential in the cash market and use the futures widely.