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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

Today's Trading

posted on Mar 09, 2009 06:20AM


On NYSE: KRY sp moving upwards since noon'ish Fri. Down a touch out of the blocks this am then up again. Thurs and Fri was good enough that techs have turned to complete the down cycle and now waiting for all to start the uptrend. 60min turned to Bulishness Thurs morning and was enough to turn the Daily Stoch to Bullish and get the MACD converging. Daily OBV has been ever so slightly up five out of last seven days. Bottom of cycle still working, but sp is behaving well.

DOW dumped early, then recovered, then back down, the up to 80'ish and now fading. Seems to be some indecision among investers. No mention of a 6500 bounce, that I had mentioned might happen, by the talking heads... but that is what looks like happened in last thirty minutes on Fri and may be continuing today. If this is the bounce, it may show a mini run up to 7900'ish. But, overall the techs look very bad and no signs of a turnaround in the near future. Uncle Ben attending Obearma's economic briefing today.

Gold currently taking a hit. Was above $935 and now below $925.


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