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: Market Monday, Sept 28

Market Monday, Sept 28

posted on Sep 28, 2009 11:33AM

On NYSE - NAK sp gapped up. Buying appears strong enough to begin a turn in the Daily Techs, but the OBV is not supportive today. Appears that sp is bouncing off of the MA50 since the beginning of the month.

Dow is up about a hundo and a quarter. Appears to have set itself up for this during last week, according to the techs. CNBC touting it is a merger Monday. But, am still finding that Mutual Funds must get in to keep up with each other, so it is a self feeding process. How long will it last is anyone's guess. Buy and hold is very old school, but stay diversified and stay on top of your investments/specs.

Gold saw some buy in when it opened yesterday evening. Then was driven down slightly at open of HK only to see buying at London open. Bit of a dump at Market open but coming back at this time. Currently $995'ish. GLD, which runs very closely to Gold gapped up to open but the 3min techs showing the short term Bullishness is fading, although 60min techs indicate an up day.

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