Copper - Gold - Molybdenum project in Alaska

Northern Dynasty's principal asset is the Pebble Project in southwest Alaska, USA, an initiative to develop one of the world's most important mineral resources.

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Message: Friday, May 15 Trading

Friday, May 15 Trading

posted on May 15, 2009 12:12PM

Hello fellow crickets. Well, that is all I seem to hear, over here in this forum ;-)

Anyway . . .

On NYSE: NAK sp having Daily techs still showing nothing but Bear Claws that may not stop into next mid-week. Just a part of the cycle. About 250k moved today. Dropping below MA50 which is not a good thing, so beware before establishing a position.

Dow down 60'ish, but the S&P500 is down more precentage-wise. So, the overall market is actually down a bit more than the Dow is showing. Banks not doing too hot, and today was options expiration. Actually, the three that were previously working - tech, energy, and financials - are all pretty much down. Uptrend continuation may be determined by this down cycle.

Gold is up but many of the miners are down. Currently about $930. Possibly some kind of residual of this overbought Market.

All you crickets - have a great weekend.




May 16, 2009 06:23PM
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May 18, 2009 06:20AM
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