The cotton market, just like a year ago, continues to demonstrate its desire to move higher. Technicians call the market a strong buy, but the trader in me says it is time for some price cleansing. Prices eased above the psychologically important 80 cent level, basis the March contract this past week, but settled the just below 78 cents. Despite the price advance, U.S. growths remain the most competitively priced cotton on the market and export demand is strong. However, ...