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Post# of 147294
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fmikehugo

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fmikehugo

Re: cotton post# 12865

Friday, 02/06/2004 9:17:27 AM

Friday, February 06, 2004 9:17:27 AM

Post# of 147294
Cotton, TSC is not "the market". Try Briefing.com. Over time they are the most careful and balanced.

08:59 S&P futures vs fair value: +1.1. Nasdaq futures vs fair value: +4.5.

Futures trade backs off its earlier highs, but continues to point to a higher open for the indices... The January nonfarm payrolls figure did fall short of the consensus estimate, but was still good enough - at +112K - to support the slow recovery in the jobs market... Foreign markets are also showing gains this morning, and this has contributed to the positive bias.
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