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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (30469)	5/20/2005 11:29:34 AM
From: Steve Lokness	Read Replies (2) \| Respond to of 116555

Could it be mish is right on the deflation/inflation debate? I commented here some time ago about the huge buildup in lumber at the countries largest mill. That buildup apparently was a result of a lack of railcars. There is a similar buildup in lumber right now. To give support to the thinking that there might be more supply than demand, was a new large handwritten sign outside of the local Home Depot. The sign said "we have cut our lumber prices". When I ask a manager what that was all about (they're all managers there <g>), she said they are trying to compete. Reminds me of the "rollback" message at Wallyworld - except this stuff - lumber - is made here! steve