re: for the final time....elysian
NT,
no doubt about that ... it's a sad chart. Hopefully it doesnt get sadder. Still, it's a risk/reward play.
I believe there is hope because the market got ahead of itself with this one, and its just natuarlly finding its old level. One wonders if there will be a similar spike on a good new york contract. I doubt it now, too many lum knockers and burnt traders ... best case scenario for lum is a steady recovery as contracts are signed and the potential is realised.
cheers
cheers
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