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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

Today's Trading

posted on Jul 28, 2009 12:08PM

On NYSE - KRY sp hanging in well despite ugly technicals. A teeney bit of OBV support starting this week. Volume low but in a position to easily beat yesterday's 105k. Makinmoola2 pointed out that the MA200 is below the MA50, which is a good sign. Both MA's are a touch below 0.26 and sp is now touching against the MA's.

Dow giving an opportunity to climb aboard this train, but maybe not just yet. Down as much as a hundo. Most everything is technically bouncing off of the upper BB, so be aware. But, there are some opportunities. Darn near everything is down except some restaurants, some banks, and some recess proofers. Bad consumer confidence is what hit the Market today and trumped yesterday's good housing numbers.

Gold currently about $935 and was steady between $950-$955 from week's beginning until this morning's NYMEX open, then got hammered along with the Market.

Hang in there. No news yet on KRY, but certain to come soon...

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