March Lumber

Discussion in 'Ag Futures' started by traderTX, Dec 17, 2008.

  1. anybody catch that crazy action in March lumber today? Honestly...who was buying 505 MOC?? Interesting indeed....thoughts?
     
  2. I bet it was a fat finger error.

    I have no basis for this though

    That would suck to try to buy 5 & end up with that!
     
  3. CdaTrader

    CdaTrader

    Can't imagine anyone being a big buyer in these times?

    No housing starts to support the mkt. best hope for price recovery is a ratcheting down of supply.
     
  4. You are 100 percent correct CDA. Lumber has the potential to become very very cheap again. NObody is buying or building at all right now