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Thursday, 01/14/2010 7:15:13 PM

Thursday, January 14, 2010 7:15:13 PM

Post# of 24889
Estrader75 -- if I am wrong

If I am wrong on gold and oil moving into lumber and the rest of the softs, then I am wrong.

I have been wrong many times in the past, and will likely be wrong many times in the future.

PS. Nice move on lumber today. With expiry coming tomorrow, you never know it could plunge back down to fill the gap in the low $2's, then rise up in the afternoon to close higher on the day.

Unfortunately, pricing is really being set through an algor. program -- not by the market.

Wonder if Gartman mentioned lumber today. Looks more technical than fundamental.

Then again if this is a strong Wave X -- we could go to $300 to $340, before it is done.

On another board, predicted that lumber during its next CYCLE would rise to around $700 per.
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