Lumber

Is lumber heading higher?
with
http://story.news.yahoo.com/news?tmpl=story&u=/nm/20021002/ts_nm/weather_lili_dc_33

 

Today's gain
http://www.futuresource.com/quotes/...ture,index&symbols=lb&image5.x=13&image5.y=10


monthly chart for lumber
http://www.futuresource.com/charts/...STUDY3=&bardensity=LOW&size=SMALL&r=&x=26&y=9

 

I see it heading to 300- 400 level in the next 2 month

 

http://www.cnn.com/

 

I think there probably is not a huge interest in this topic on this board.

But, it could just be me...

 

Rain,

If you're interested in the lumber market:

http://www.randomlengths.com

 

Let me guess, the current quote on lumber futures is 2x4?

 

I'm curious, why do you feel that the 300-400 level is a good one?


Regards,
Dr. Zhivodka

 

hey at least lumber is actually worth something unlike many stocks being traded.

 

This is certainly true.



Dr. Zhivodka