Good to see some posting here. Thanks Rink for the NAK updates...

On NYSE - NAK sp seeing profit taking and the cycle in Bear mode. Techs show 15min Bearish, 60min Bearish since the beginning of Tuesday, and Daily gone Bearish. May be because of gold, which is currently getting knocked down. More likely just a part of the pverall trends and cycles.

Dow still seeing profit taking. Bears have been in charge since yesterday at 230pm, with the Bulls starting today's trading with a bit of a run up at the open (hmmmm...) before giving the Market back to the Bears. Jobless claims down (good), but existing home sales also down (bad). Nearly everything in the Market is down and the S&P is down about double, percentage-wise, at this point as compared to the Dow.

Gold - Even gold, which might be considered a safe haven in tough economic times, is not immune and is headed down. After being fairly steady overnight, gold trying to claw back after the current dumping back below the $1k mark. Ouch!