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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: Today's Trading, May 27

Today's Trading, May 27

posted on May 27, 2009 07:47AM

Ahhhh... The crickets in the NAK forum... Soooo soooothing...

On NYSE: NAK sp has been hanging tough, but the emotional buying and selling (the techs track this) seems to indicate the buyers have run out. Been banging on the upper BB for a few days so a little bit of profit taking is going on. Large volume of May 19 has systematically stepped down indicating that all who wanted in during this recent run are pretty much in. Looking for downward pressure in the coming days. Ups and downs - all a part of the tech cycle.

Dow is down a touch while S&P is up a touch. Hmmmm... The news that has been driving the Market still is being evaluated, it seems.

Gold flattening out for last three days, after a three day Bull Run. Techs are topping and converging indicating the current cycle is about to go into a downturn over the next few days. Then again, from some of the posts here, maybe not.

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