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Tuesday, 06/22/2010 10:56:28 AM

Tuesday, June 22, 2010 10:56:28 AM

Post# of 24889
Lumber -- Absolutely Huge Contango now


I think we are going to run to $440 -- maybe not near month, but I think she's going to fly, soon.

Demand coming from floods all over the world -- someone has been doing their job in the Pits to push it down hard.

Every Lumber company in North America is BK at these low levels.

Timber in the Boreal Forest taken off the supply-chain. Forest Fires going strong.

Possible Tropical Storm in the GOM by the weekend, accroding to most forecasts.

I think that most people are aware of the W.S. Game. Gov't gave WS monies to buy-back Naked Shorts -- which they could not have done by themselves (ie they were BK -- too much in energy and gold etc.).

Watch Naked Shorts on BP -- some say there are no legitimates shares for shorting right now -- and the talk is the rage.

PS -- incredible volatility on Tembec shares -- generated through the computer program -- I see every move in milliseconds -- it is fun to watch this game being played.

Watch for trades on ABWTQ that go to 4 decimals -- it's just the mm's -- computer -- we see it all.
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