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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 Nov 12, 2009 03:37PM

On NYSE - KRY sp hanging very well considering the Q3 Report. A loss per share of seven cents for the quarter, and getting a hit on sp of a bit less than two cents is not bad. Selling equipment for cash to extend, but . . . Technicals that were previously all-good, have turned to now not-so-good. Daily OBV was noted yesterday to be sending a warning signal, and has now fallen off the edge. Although, volume is about normal (whatever normal is) it appears no big sell off as yet - technically speaking. But, experience has seen that usually the news needs a bit of time to get out on this play. Please perform DD as there appears to have been a change in the fundies.

Dow is down nearly a hundo. Banks, Tecnology, and Energy all getting hammered, and so goes the Market. Could be continued profit taking. First time jobless claims were 3% lower and does not help. Choose wisely and keep it diversified.

Gold is down, following the Market (the Buck must be up). HK saw a peak of $1122.30 in gold price topping $1120, just about two-hours before HK close, and that started a slide down from that point to currently about $1105. Peas-in-a-Pod, this Market and Gold.

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Nov 12, 2009 05:04PM
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Nov 12, 2009 05:33PM
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