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Re: None

Monday, 01/11/2010 7:58:06 PM

Monday, January 11, 2010 7:58:06 PM

Post# of 24889
New Eyes -- Good Question.

In my opinion, an unwind of crude and gold hedges and a RUN on lumber futures prices before expiry.

http://futures.tradingcharts.com/marketquotes/LB.html

Click on the months of March, May and July individually, then on the daily chart. I think she's going to run.

Note also -- reverse similarities with some of the big name oil and gas producers.

In the short term, I am not sure about NG. From the top in 2007, the both came down in unison for a while.

Then again, NG storage is at and should be at all-time highs coming out of winter -- same with crude -- imo, just too much supply and gasoline demand should be a little lower with the conversion by some to more efficient models.

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