RE:RE:Super cycleYou are absolutly right, they are cyclicals and price in the $700 are unsustainable.
What i meant by super cycle was to see good pricing for longer than usual.
We all know that lumber prices will come down.But from what i read,demand is very very strong.
Mills are running at high capacity and delivery goes beyond sept.
These lumber stocks have huge tail winds.Home Depot reported their earnings this a.m.
Have a look...
Yes,we will have bad days/weeks but the value is there.The balance sheets of ALL of the
lumber company is improving every day that passes.
I beleive that there is much much more upside to these lumber company.
Time will tell.
Good luck with your investments