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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 30, 2009 05:44AM


On NYSE: Opens up then right back into the trend. Downtrend is a hard one to crack, despite after-hours shenanigans of Fri and this morning. As noted before, the techs show there may be a bit more pain before there is pleasure. News trumps techs and may change all of this, so still awaiting and there is a lot of trading day/week to go. Daily OBV is up again and should help ease the pain today. MFFAIS reports 3/25 dump of 560k by Renaissance. Not good.

Dow opens down 200+ and now waiting for the bump back before the actual trend. S&P500 follows suit percentage-wise. Overnight markets elsewhere pretty much all down. Most everything is peaked and overbought, but news has been propping the Market up since last Mon. Banks all getting hammered at open. Oil and nat-gas down. Going to be an exciting week.

Gold dumped from riding $925'ish down to touch on $910'ish at about 630am eastern, but now recovered to trending around $915'ish. Just now jumped back to $925'ish because of market jitters.



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