Copper - Gold - Molybdenum project in Alaska
72 billion pounds Copper - 94 million oz Gold - 4.8 billion pounds Molybdenum.1
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Message: Tuesday Market, Oct 6

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Tuesday Market, Oct 6

posted on Oct 06, 09 10:56AM

On NYSE - NAK sp runnin' with the gold. Gapped up and technicals turning into the House of the Bulls. Already about to touch the upper BB, but the gold run may keep running.

Dow is coming off of a good Mutual Fund Monday, and technically bouncing off the lower Daily BB, and the other techs of MACD and Stochastic are turned and converging. The self-feeding Market by the Hedgies and Mutuals will likley keep running this up. Should close be up today, as it is now, the cycle will likely turn. Then will just need to see if a new higher-high (need to beat 9835) can be made over the next few days/week. This after a lower-high and lower-low recently signalling a trend change (bearish) in the making.

Gold popping big after Hong Kong closes, going beyond $1035 before Market open. Rught now making another run-up and currently beyond $1040. Wow! Gold and the Stock Market have been running together, so maybe the Market is in for an up close for today.

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