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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 16, 2009 05:56AM


On NYSE: KRY down a penny out of the gate. 5min techs turning to Bullish. Daily techs show Stoch Bullish, Mac undecided, and OBV undecided. Daily Candlestick showing a "hanging man" at this moment - Bearish.

Dow is up 75'ish. Still in strong Bull mode on Stoch and Mac, with OBV showing morning distribution like on Friday. Could change as on Friday but may be an indicator of slowdown of the Bullishness. Fib numbers fibbed about Fri, but this means fib numbers indicate today will be a good Dow day. Long term may see 7900'ish eventually, but need to break through 8k to make this a real turnaround. Be aware, this Market move appears to not be trusted by all investors because stocks like MO, AIPC, PG, and GIS also making very strong upward moves during this run.

Gold trended down overnight towards close of HK and now dumping at open of NYSE. Indicates confidence in the current Market. Could be a good buying opportunity this week.

GRZ still on the move with a four cent gain out of the gate. Stoch and Mac are in strong Bull. OBV has been Bearish all along this run and is a confusing indicator for this sort of run.





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