Friday Trading

Welcome to the Crystallex HUB on AGORACOM

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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Friday Trading

posted on Jun 19, 2009 11:18AM

On NYSE: About 45min left in the Market trading day and KRY sp hanging tough despite tecnicals cycling down. OBV has not supported for several days and Stoch and Mac are Bearish. Volume currently just a touch above 200k.

Dow was up earlier, and sold off beginning at about 11am eastern. Banks up, energy down, Gold miners up, restaurants up, transports mixed, tech mixed and recess proofers down. Technicals showing 15 min is bottomed and turning, so may get a strong finish.

Gold is up ever so slightly. Technicals of GLD look to have turned - OBV has up-slope even though price has not moved up. Might be time to pick up a gold stock.