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Sunday, 06/20/2010 11:25:30 AM

Sunday, June 20, 2010 11:25:30 AM

Post# of 24889
ABWTQ - $Lumber Daily Continuous Chart

Not sure if this means we are getting ready to rock (potential for a long Wave III). I think we just finished day 38 of the algorithim trading pattern. Thought this would be a full 39 day.

Market is talking about other things rolling over -- so we will just have to watch. Floods (even with another couple hundred homes damaged) are creating some demand for lumber products.

Just wait for that first hurricane -- especially if it hits the GOM. Though, I think more damage if it goes up the East Coast.

http://stockcharts.com/h-sc/ui?s=$lumber&p=D&b=5&g=0&id=0
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