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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 Market

Today's Market

posted on Sep 23, 2009 11:32AM

On NYSE - KRY sp hanging on to two-bits. 15min techs bottoming and crossing (could be good), 60min topped and converging (not so good), and Daily technicals just beginning to top and turn (also not so good). That kinda-sorta triangle mentioned a little while back continues to form (could indicate a technical pop upcoming). Still seems to be running with the gold, possibly because of new spec blood. Large 40k+ block at 0.2600 and volume currently at 355k'ish.

Dow taking another rest this morning. Oil and miners pretty much all seeing profit taking while rest of Market is mixed. AIPC, a RecessProofer, got a major shave yesterday so there seems to be continuing belief in this Market.

Gold at around $1010. Was running around $1015 overnight then sliding at this morning's opening of NYMEX. Likely in anticipation of the Fed meeting and interest rates being kept down.

Posted in OT and asked if anyone is going to this weekend's (Sept 26-27) Cambridge House's Toronto resource Investment Conference and visiting the Agoracom booth?

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