Markets make no sense and work on their own internal logic. Remember that when you place a trade based on logic.
Here I am short lumber, right? Because there is a housing downturn. And then sure enough Bush bans Canadian imports of the stuff.
When will the free market reign supreme?
Plus, I mean here the homebuilders are all bleeding money and the administration said they aren't going to bail them out, but I mean are they going to exacerbate it with high lumber prices?
While energy companies are getting crushed with great earnings, cash in the bank, and demand demand demand for their products for the far out future. Makes no sense.
But in a fire sale EVERYTHING MUST GO!!!!
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