Post by
packerdriver on Sep 15, 2024 3:30pm
Gotta love lumber !
Over the last 15 years I've been in AND out of lumber at least three times....always made very good money every time. What is really encouraging at the moment it the move UP...despite the negative news/sentiment about softwood lumber tariffs. That goes against logic and a sure indicator that good times are just around the corner for us investors. I'm expecting SPs to move up through the fall and peak in mid winter 2025. You heard it here FIRST! LOL ;););)
Comment by
yogibubu on Sep 15, 2024 5:35pm
sept futures just expired. keep an eye on november ($500) a lot of 4 inch syp availale trading less than this presently caution where your entry point is i hope your right
Comment by
packerdriver on Sep 16, 2024 9:28pm
LOL....way past entry point...up very nicely with WFG...down some with IFP. Happy to hold lumber at this time. In the town where I live 4 and 5 story wood frame apartment buildings are literally going up all over. All this push I read about in the papers to spur housing construction HAS to have an effect eventually.