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To: mishedlo who wrote (198464)	10/18/2002 10:59:01 AM
From: Archie Meeties	Respond to of 436258

Timber is somewhat of a global commodity and when Asia is strong they provide the demand at the margin through import Canadian and US Timber. Current conditions are soft for export and global paper, but demand close to normal for housing. Some of the best overall indicators of global economic activity are; lumber, base metals, and petrochemicals (for which there are no futures to play with). IOW, Plastics. Nadir for benzene, polyethylene, etc was in the Oct 01 to Jan 02 frame, with subsequent stengthening in Spring. Prices flat since then. Lumber is in the shredder, and the base metals have just done that in the past month. Some excellent buys in the base metal land if dirt is your thing. Thanks for all the helpful maxpain stuff. It's weekly sustenance. With everbody chasing mp, isn't it going to become less and less useful? Josh.