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littlejohn

07/30/22 10:32 PM

#10944 RE: e-ore #10943

Lumber price is still way too high because

retail outlets haven't dropped prices...

Wholesale lumber prices have been

down for a spell...

Local companies that were going

fast and furious aren't working cutting

as much timber now since price drop...

Lumber price is retail problem...

So we watch...LJ

littlejohn

07/31/22 12:58 AM

#10949 RE: e-ore #10943

KOLD may stay in limp mode next week

because temps are expected to

be heating up across the country

thru most of next week somewhere...

And that gives natural gas a potential

boost or added support...

Hard to say which with the high price

already...

Expecting nat gas to make a double

top but no idea where, that doesn't mean

it has to go anywhere near recent top...

We may know by Wednesday or Thursday...

Nat gas price is very volatile during day

and that makes KOLD very volatile...

Holding a small amount of $12 puts

for next week from Friday afternoon...

No where near comparable to the total

amount of shares owned last week

after nat gas price surged one night...

KOLD is for very short term holds

when you are able to watch it...

So we watch...LJ