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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: Re: Today's Trading - Update
2
May 04, 2009 05:54AM
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May 04, 2009 05:58AM
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May 04, 2009 06:15AM

On NYSE: Up over 45% hitting 0.41 for a little while. Definitely was a Friday "Hammer" candlestick. I did not want to get anyone's hopes up with the earlier "Chartist's" post before today's Market open, but the "Ascending Triangle" of last week is a Very, Very Bullish set of candlesticks. May very well have predicted some sort of News coming out shortly. Lunch time now kicking in and looking for some volume support at this time, and again at 130 from the Big Guys who really are the sp movers. Then it will be real. Volume of near 4M seems to support this move. However, 15min techs have turned Bearish, which is normal profit taking for such a strong move.

Dow still running strong. Currently up 170'ish. Banks pulling back as buyers have tuckerd out. AIPG hit hard, but GIS and PG are strong, so someone does not believe the Bullishness will last.

Gold holding at just below $905.

Actually a very good opening-of-the-week day for KRY, so hope folks here will just enjoy it and stop with the in-fighting. Taking some profit would be wise, but there may be more upside after the buyers rest up during lunch.


2
May 04, 2009 11:22AM
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