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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: Tuesday Trading

Tuesday Trading

posted on Apr 21, 2009 04:58AM

On NYSE: Kry sp appears to benefit from market uncertainty and rise in gold price. Techs showing continued peaking of this up cycle, but new added life. Totally Bullish. Higher-high made with yesterday's up day, so reversal of downtrend since mid-Feb may be in the works. If upcoming down cycle makes higher-low, the indications would be that the trend is reversed. Time will tell.

Dow had a near 300 point loss yesterday. Likely to continue today with overnight asian markets down. Overall uptrend, with current down cycle that needs to keep above 7400'ish to verify this run. Lower than that may signal reversal and end the run.

Gold popping big yesterday at open of NYMEX and popping again this morning at open of NYMEX. Might be an instant replay of sorts today. GW article saying Sunday (19th) would be a low for gold showing to be good forecasting, at least for now.

Twinsies report: GRZ and RMLFF techs still showing Bear Claws, but close to bottoming.

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