Users: Tomb: Lumber vs SPX.png

Lumber vs SPX.png

This goes into the Tom B thinks this is interesting column hope you do too. I posted this same chart on 3.17.14. This is an update. I know most of you are short term traders and may not care. The problem with long term charts like this one is that it takes a long term for them to play out. Just the same this, just like the last few charts I have posted, looks ominous to me. Of course it all could change in the next week or too. But if lumber continues down I think it will be a warning of at least of an intermittent term correction. Hope somehow this is helpful. Take care. Have a great upcoming weekend. Tom

Comments

Nf6Nf6
http://www.zerohedge. com/sites/default/files/images/user3303/imageroot/2015/02/20150225_EOD8. jpg 
 
A similar idea on zero hedge.
Retrieved from http://commentsys.slopeofhope.com/lnk.php?u=http%3A%2F%2Fwww.zerohedge.com%2Fsites%2Fdefault%2Ffiles%2Fimages%2Fuser3303%2Fimageroot%2F2015%2F02%2F20150225_EOD8.jpg&size=s
2/25/15
BKudla wishes he was MauilivingBKudla wishes he was Mauiliving
@Nf6 For some reason I can't comment, but it took 3 years before price caught up. Maybe 2016 will suck. 2/25/15
TravelerTraveler
like bkudla, noticing that it takes awhile for the markets to catch up (or down). 2/25/15
TombTomb
Thanks NF6. I really enjoy zero hedge but had not looked at it yet today. MAYBE I'll get one right! T 2/25/15
TombTomb
repost is from 3/17/14. 2/25/15
moneymiser21moneymiser21
Any chance lumber futures could've been impact by Lumber Liquidators big drop? Supposedly 60 minutes coming out with a big negative story on how they source material. 2/26/15
...