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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 Aug 11, 2009 11:42AM

On NYSE - KRY sp still feeling pain, along with the rest of the Market. A penny move at this sp is about 4%. Technicals are still ugly as sp has touched on 0.2217 and Daily OBV flat. Volume a touch above 166k at this time.

Dow continues to see profit-taking continuing from yesterday. Since the March low, Market has recovered about 50%, so a correction has been expected. Spy sats (GEOY) reported good numbers so is bucking the Market trend, while otherwise the rest of the Market is pretty much seeing profit-taking because of the over-bought condition.

Gold fairly steady overnight then knocked down at open of NYMEX this morning. Knocked down again at open of the Market. Recovered some and riding around $944 at this time.

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