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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: Wednesday Trading

Wednesday Trading

posted on Jul 01, 2009 01:50PM

On NYSE: KRY sp seeing a cool 20%'ish pop. Technicals had given some indication of this move, as noted the last couple of days. However, OBV is supporting today. As is Volume being over 1M at this time. May be something to do with today's move in gold, but not likely. Might be something going on concerning news about to come out and actually be revealed from those dark and dank back rooms.

Dow up a cool hundo. Techs have turned to Bull mode, so looking for a little bit of a run over the next week or so. Grab a good Dow stock and hang on (same goes for S&P500). Good news about manufacturing and home sales doesn't hurt either.

Gold popped at open of NYMEX and then again at noon, tapping on the $945 door before currently settling around $940'ish.

Hope everyone's week is going well...

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