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 Market, Nov 11

Wednesday Market, Nov 11

posted on Nov 11, 2009 01:15PM

On NYSE - NAK sp running with the Gold Rush. Technicals see 15min bottoming, 60min turning and Daily Bullish.

Dow is having a good week, but buyers have slowed down since the Mutual Fund Monday to open the week. Daily technicals are bumping off of the upper BB, so there may be profit taking in the near future. Or , maybe the dredded "correction" but things are all good for now. This Energizer Bunny has legs and just keeps on going... and going... Miners good, Oils bad, Banks good, Telecommunications bad, Technology good. The Market may be topping, or maybe not, so be choosey and stay diversified. About half-way through the trading day and volume is on the lower side, but today is Vets day. Be aware that your trades since last Fri, because of this Holiday, will finalize a day later than the normal three.

Gold is still running with the Market. Technicals show a higher-high with Bullishness while some topping is going on as price is banging against the top BB. This is another Energizer Bunny that keeps going... and going...

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