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, Monday, Aug 10

Today's Trading, Monday, Aug 10

posted on Aug 10, 2009 10:49AM

Hello to all of the Lurkers, and a new week of trading...

On NYSE - NAK sp still in downward part of of cycle. Below lower BB and techs indicate more pain to come. Half of a stock's move is the sector and the Market... and with the sector and gold dow, this is normal. However, in this Market, things can turn on a dime.

Dow is currently down about 10, but could be going into a down part of the cycle. Techs are very strong still even after the run. Banks are mixed as is most of the rest of the Market. Gold miners down as are the recession proofers (AIPC, FT, PEP, etc.). Appears to be a lot more faith in the Market at this point.

Gold hit pretty hard at open of NYMEX. However, unlike Friday when it came back a bit, it seems to be sticking. Indicates the Market has investors interest moreso at this point. Currently running about $945'ish.


Aug 12, 2009 11:36AM

Aug 19, 2009 01:27PM
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Aug 20, 2009 02:49PM
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