3309 Drysdale Ct
Edwardsville, IL 62025
$lumber looks like it will go higher
yep it does
LB is the symbol for the futures, Nov and Jan are the contract months - overnight margin is very high on this if I recall like 50 or 60K for a single contract
also the spread is ridiculous
I remember Martin Pring said that lumber is as good a leading indicator as copper
yep and sugar
Any way to play other than WOOD (which doesn't really reflect the commodity) ?
futures or options on futures
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$lumber looks like it will
Posted by morton7 on 7th of Oct 2021 at 06:56 pm
$lumber looks like it will go higher
yep it does LB is the
Posted by matt on 7th of Oct 2021 at 07:07 pm
yep it does
LB is the symbol for the futures, Nov and Jan are the contract months - overnight margin is very high on this if I recall like 50 or 60K for a single contract
also the spread is ridiculous
I remember Martin Pring said
Posted by kevindeng0727 on 7th of Oct 2021 at 10:23 pm
I remember Martin Pring said that lumber is as good a leading indicator as copper
yep and sugar
Posted by law6 on 8th of Oct 2021 at 12:24 am
yep and sugar
Any way to play other
Posted by fredsaid on 7th of Oct 2021 at 09:06 pm
Any way to play other than WOOD (which doesn't really reflect the commodity) ?
futures or options on futures
Posted by matt on 7th of Oct 2021 at 09:38 pm
futures or options on futures