Today's Trading, Wednesday

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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jcwillis

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Today's Trading, Wednesday

posted on Feb 04, 2009 05:08AM

On NYSE: KRY Daily techs have peaked and crossed. Going into Bear territory. May get some selling by tech traders. However, OBV is still in uptrend. Hmmmm... Possibly indicates continuing accumulation (yesterday's OBV was way up).

Gold doing same as yesterday, popping at open of NYMEX and again at open of NYSE, although at a slightly lower levels. Currently at $908'ish and may be topping out. However, still plenty of day left. History may repeat, and yesterday there was a gold price dump just before lunch, eastern time.

Dow is currently up about 50'ish points, with Daily techs having bottomed (actually a while back) and crossing to uptrend. Possible short term Bullish indication. Of course, this happened recently a few days ago and news trumped the techs for the recent dump of the Dow.