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To: Jim Willie CB who wrote (19324)	5/18/2000 7:24:00 PM
From: Archie Meeties	Read Replies (1) of 35685

Absolutely. Lumber is a nicely elastic leading indicator of housing starts. Housing is going to go flatline, even before another 100bp up. About the rest of the commodities, the CRB tells the tale better than I can.

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