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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 - Update
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Mar 30, 2009 05:44AM
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Mar 30, 2009 06:00AM
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Mar 30, 2009 06:02AM

On NYSE: KRY showing low volume with sp hanging tough at 0.2600. The Daily Stoch appears bottomed and is now converging and could cross back to Bullishness in the next day or so. However, the tech turn is on very low volume. It is interesting to note that since Mar18, the OBV has been way up - while sp has fallen slightly. This is very similar to what the Dow techs showed just prior to the Mar 9 turnaround of the Dow. Also, despite the earlier KRY downer reported on MFFAIS, there is someone - likely a Big Guy, accumulating as indicated by the OBV. Whomever it is may not have yet reported. For every seller there is a buyer. Unfortunately, us little guys do not know what the Big Guys are doing until after the fact.

Dow is down about 300. Obama talked on auto bail out. Plenty of trading day left and lots of bounce possibilities (trades) for tomorrow.

Gold trending about $920'ish after earlier Ups and Downs. Or, is that Downs and Ups . . . Dumping after Obama talk.

Hope everyone's week goes well . . .

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