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: Thursday, July 9 Trading

Thursday, July 9 Trading

posted on Jul 09, 2009 11:39AM

Another week, another cycle. . .

On NYSE: NAK sp in a downtrend. Made a lower low and now sitting on the lower Daily BB. Techs are bottomed and Daily OBV is supportive, so might be a decent entry point, but beware that the trend has reversed. Was this all about Sig Hansen of "Deadliest Catch" going Bearish on NAK? Hmmm...

Dow is down a touch but trying to come back. Cycle was a short one and has changed the trend with a lower-high and lower-low. Recess proofers are mostly in an uptrend. Hmmm...

Gold also had a short cycle and driven down over the last week. Barely holding $910. Kinda strange for gold to trend and cycle with the Dow.

Hope everyone's week is going well..

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