Northern Dynasty Minerals Ltd (NAK)

[daveblanchard]

I think what we've seen this week is only the beginning. I see a market slide on Monday, likely continuing for much of the week. I'm confident enough in this prediction to have put most of my available roll into 3x leveraged inverse ETFs. Fuse lit and (bandaged) fingers crossed. If you don't see me posting here for a while, it's probably because I got my face blown off.

It's appears there is strong psychology working in the market to make people believe the slide is over with, with the 3:00 ramp in so many different stocks being a key example, along with a corresponding dip in these inverse ETFs, which would lead a naive person to conclude it's over with. I think the party's just getting started.

Can't wait til we finally sound out the bottom on NAK...