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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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Message: Today's Trading, Tues

Today's Trading, Tues

posted on Feb 17, 2009 08:00AM


On NYSE: KRY sp up 10%+ on Good volume. Techs are in Bull mode across the board. Buying subsiding and 60min Stoch has turned in Bearishness, so be aware this may be a sign of profit taking to come. OBV mentioned as trending up since beginning of the month predicted this sp upswing, and today OBV is continuing uptrend. Could be the tax loss guys getting back in since the start of Feb.

Dow, Dow, Down on Stimulus being seen as Socialist. Until more details come out, as well as details on Banking Bail out, Part 2, the market will sulk. Good day to get in for a trade, or two, or three, on the rebound. But, be very, very careful.

Gold run up. Mentioned this earlier last night. May have peaked at this point, and was knocking on $975. Global economy found Japanese also in recession, so everyone is in the same boat.

News of the weekend has killed GRZ sp. RMLFF also getting hammered, but no where near as bad as GRZ, currently down 15-20%. Seems GRZ is "no longer wanted" and RMLFF no longer has "debt."





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