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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: Today's Trading - Hump Day

Hey K12,

Thanks for the constructive criticism. Previously on Jul24 when you brought up Chaikin Money Flow indicator (CMFI) when KRY sp was actually 0.22-0.23, and I replied in PM that CMFI was showing an overbought condition, with KRY probably selling off the next day, which it did.

I am no expert on the technicals. Trying to use technicals to predict KRY sp movement (or any sp move) is difficult, at best. I am just putting information out there, for those who read my posts, to help in understanding the Market movements in KRY, the Dow, and gold. Those technicals I have chosen to watch are used as a group, not individually. My understanding is that many here take the technicals with a healthy dose of salt - or sugar, as they probably should. ;-)

If it seems there is an emphasis currently on the OBV, it is unintentional. There is only an attempt to try to point out when several typical indicators agree on a possible upcoming move. Currently Stoch and Mac are peaked with OBV falling off drastically, so I point it out. What a person does with that information is totally up to them.

If you feel strongly that the CMFI is a reliable indicator of KRY sp movement, I am sure there are many here that would welcome your posting your thoughts on what the CMFI is saying.

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