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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Steve Lokness who wrote (10603)3/22/2004 12:19:35 AM
From: Roads End  Read Replies (1) of 110194
 
The largest US OSB producer, LP, was just about bankrupt several months ago so I wouldn't be so quick to conclude these corporations are getting fat. As far as manipulation, forget about it, all building materials are going up, not just OSB.

You ask why did the price remain dirt cheap during the entire housing boom?. Last I checked the housing boom was still underway. I sure wouldn't be building any spec homes though. -g- These basic materials will crash hard and fast then you will see just how weak the big players like WY and GP that are drowning in debt really are. They are not getting fat.
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