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: Wednesday, Aug 26 Market

Wednesday, Aug 26 Market

posted on Aug 26, 2009 01:58PM

On NYSE - NAK sp still in Bear mode. 15min techs bottomed and turned to Bullish, 60 min totally bearish but bottoming, Daily still showing Bullishness but peaking, so cyc;le is changing and may show more pain to come.

Dow showing a possible turn in the cycle. Currently down about 10 with much of the Market mixed. Good numbers on new home sales apparently ignored. S&P down a touch more than the Dow. Could be profit taking as the buying takes a rest.

Gold up a bit overnight and now trying to come back after another drubbing at Market open. Still appears to be running with the Market, so be aware.

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