Shoe’s Lumber Report – 3/4/22 | Shoe's Lumber Report

ARE WE CLOSE? That is a great question, as the current market heights are making everyone a bit nervous. As traders assess the factors weighing in on the nation and world, who can blame them for getting slightly nervous at the market’s current extreme elevated level. To put things into perspective, my composite sits just below 18-3/4% from its historical high posted back on May 28, 2021, leaving a bit of upside before forging any new highs. What I can assure you is a dip is coming. The question is when… On that note, let’s cut to the chase and jump right into the place I like to call: ’ The Wonderful World of Wood.” Enjoy…

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Excellent work Jim

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