Guest Introduction |
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We generally talk about the "lumber market" going up or the "lumber market" going down. But hundreds of different items--different species, grades, dimensions, and lengths compose the "lumber market". Each item trades at its own price, and the price of each item tends to trade at its own "average level" relative to the market. For example, 2x6 prices run about the same as 2x4 prices, but 2x12 prices are about 35% higher. Due to short term changes, 2x6 or 2x12 prices may get considerably higher or lower than their average level relative to 2x4. In fact, in our research we found that individual items can fluctuate by 20%-30% around their average level. This means that irrespective of the overall market direction, an individual item's price can gain or lose 20% to 30% relative to the market. We also found that most market moves during the year are about 20% to 30%, which indicates that relative price changes and market moves are about the same size and therefore equally important. By considering both factors, you'll get a better picture of the market. If you are trying to build a profitable market position or manage an inventory, Lumber Numbers can help you get the whole picture. We want you to see how Lumber Numbers can benefit you. Once you learn and understand the wealth of information a subscription provides, you'll want to be a regular subscriber. Let Lumber Numbers help you make your best trading decisions with: Relative Price Charts: To learn more, see Quick Start Guide for Charts. Weekly Reports: To learn more, see Sample Weekly Report (pdf format) . In addition, we produce Special Reports, that provide economic, housing and interest rate data and charts. |