June 10 Trading

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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jcwillis

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June 10 Trading

posted on Jun 10, 2009 07:01AM

On NYSE: NAK sp in a bounce mode up for the current down cycle. Daily OBV is up big, but Stoch and Mac are in Bear Claw mode. Look for some pain in near future. Overall trend is Up, Up, Up and very Bullish.

Dow is currently down a touch, but overall trend is still Bullish. Banks are currently down but most gold miners are up (pop from overnight price, so look for bounce back down), recess proofers up (hmmm...) and restaurants up with the rest of Market somewhat mixed.

Gold did a head fake overnight and dumped at open of NYSE. Currently at 950'ish.

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