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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.36-0.5%Jan 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (42476)12/25/2012 11:11:58 PM
From: FCom777  Read Replies (2) of 221828
 
Regarding the lumber market ...

Doubt high lumber prices are bullish for home construction. More like strengthening construction market is driving prices higher. Might have to do with hurricane Sandy and the 50 billion or so property loss - and reconstruction.

Believe there is good correlation between strong lumber market as early indicator to future inflation and higher equity prices but I'd have to take a closer look to be sure.

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