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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 Dec 23, 2009 01:36PM

On NYSE - KRY sp had a bit of a downside surprise yesterday in late day, or after hours, depending on how it is perceived. Seems to have picked right up (or down) where it left off yesterday. 90k+ just moved at about 1215pm, so interest is there into the lunchtime hour. May be interesting what follows after lunch, coming up shortly. daily technicals, ignoring the 0.20 outlyer (personally considered to be an AH trade), saw a higher-low then a lower-high - so kinda in limbo as to direction. Gotta call a 0.41 close, with help from SCC.

S&P500 is up a touch. Russell 2k is up about one percent, so the speculators are out, and getting in. Housing numbers on new home sales seem to be bothering the Market. Seen a little bump up the last few days, probably to make the end of year numbers look better. Possibly more where that came from. Lots of choices, so choose wisely and stay diversified.

Gold hanging in there, but still has overall down pressure. Up a touch at this time. GLD, which follows gold quite closely because they purchase physical gold bullion, may be seeing another DCB on this side of the downward hill. Although, it did come very, very close to touching the lower BB when gold hit $1075'ish at yesterday's London close.

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