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: Monday, April 5 Trading

Monday, April 5 Trading

posted on Apr 06, 2009 06:10AM

On NYSE: Daily Techs show Downtrend. Turned last week into total Bearishness. SP getting very close to lower Bollinger Band, but rest of Daily techs are barely started on the way downward. May have more down run.

Dow is down 50'ish showing signs of recovering frok being down as much as 100'ish. Techs showing possibly a topping going on, or that this should be a slightly up day, but it currently is not. May be an opportunity to get in on a day or swing trade. But, be careful what you choose. Banks/Financials are getting hammered. OBV showing buyers are getting into the game.

Gold... OUCH! Trended down overnight and settling at a touch below $870 at this time.

Thanks to Algoracom for my appointment as Hub Leader for the NAK area. Will do my best at upholding the Algoracom posting rules.



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