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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: Monday's Trading - End of Day
2
Mar 16, 2009 05:56AM
2
Mar 16, 2009 08:23AM


On NYSE: KRY closed down a couple of pennies. Daily techs peaked on Stoch, now Bearish Mac, and OBV in continued downtrend. Although not good, techs are showing some consistency. Bad news because of possible upcoming sp pain.

Worth repeating - Be aware this is options expiration week as well as futures expiration week.

Dow way up then back to earth closing down about 7. Big time sell off starting at about 145pm, right after the Big Guys got back from lunch. Good pep talks by Tiny Tim and Obearma, who should be re-named Obullma (not for the politics, but for making the Market move up after speaking), and sparked additional Dow upward move. Big Guys discussed it over martinis and went Bearish this afternoon. Not enough to kill the Daily Dow techs for continued Bullishness, but techs are starting to peak out. Tomorrow is another day.

Gold in a slight uptrend since close of NYMEX. Seems to be wanting to get to $925'ish.



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