Lurkers, Lurkers, Lurkers....

On NYSE - NAK sp benefitting from the mid-week run on gold and when gold blasted off wed, NAK held onto gold's coat tails. Started the week selling off and taking the cycle down to make a lower-low, and now a higher-high so techs are unclear on where sp will go. Although this is a gold spec play and still awaiting permits, this stock seems to run very very consistently with gold and the gold miners with only an occasional diverence. Currently touching upper BB, so may be a good time to take some off of the table.

Dow sold off in a normal part of the cycle to begin the week. But, seems Mutual Funds and Hedgies need to get caught up as the Market resumed an upward march.

Gold took off like a rocket Big-Time on Wednesday when job numbers came out and gold took off. Thurs confirmed with jobless claims and unemployemnt getting closer and closer to 10%. Many gold miners - big, junior, or spec - went along for the upside ride. Gold seemed to stabilize Thurs and Fri, but many miners continued with upside moves. many are above their upper BB, so taking a little profit may be a good idea.