Today's Trading

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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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jcwillis

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Today's Trading

posted on Jun 08, 2009 10:38AM

On NYSE: KRY sp hanging tough, just above lower BB but still below the MA50. Daily techs are bottomed and trying hard to turn here today. If techs turn, it is possible the 28th and 5th would be a double bottom. Or, at least close. Volume kinda low at about 227k.

Dow is down a hundo, but overall trend is still up. Today is a bit different than previous "Mutual Fund Monday" of last couple of weeks. This cycle shows daily techs topped and/or converging. OBV is not supportive. Banks up, restaurants down, recess-proofers down, oil and gas down, miners mixed.

Gold opened in HK to a slight uptrend to peak at 960'ish, then about two-thirds of the way though the HK session, the trend reversed. Seems to be flat and hanging at 950'ish.