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Component Manufacturing dverti$er
Don’t Forget! You Saw it in the
Adverti$er
March 2020 #12248 Page #112
Lumber Briefs By Matt Layman Publisher, Layman’s Lumber Guide
How to Beat the Lumber Market
T
he words “panic attack” in our social sphere imply being attacked by panic. It can be debilitating. Put in another context, panic can lead to the action of attacking, typically defensively. Being attacked by panic and attacking in response to panic are positions of weakness that result in COSTLY decisions. In our lumber market, we are always on the alert for anything that might expose us to panic or weakness. Soldiers and pilots refer to this as Situational Awareness (SA). Our LLG members have Forecasted Turning Points (FTP) for their SA. Our LLG’s FTPs are really quite remarkable. They predict when prices have a high probability of reversing direction...without knowing the reasons why. This week #8 is one of our FTPs. As we reach the end of the week, upward momentum still looks strong, but I believe the balloon is over inflated. We have seen it before and we’ll see it again. A few late-comers to the party, all jacked up and excited, throw another log on the fire, but it’s the last log, and soon it burns out. Prices will peak by the end of week #9, February 28.
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