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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 Feb 01, 2010 12:21PM

On NYSE - KRY sp gaps up (ignoring the Fri paint) and seems to be holding its own at this time on Volume of about 120k. Technicals see Daily still in bed with the Lee Sisters (Ug and Home), 60min Bullish and 15min Bullish, but topped. Some kinda news would be appreciated, and with The Hitcher in charge, maybe something will happen.

S&P500 up, along with Dow up nearly a hundo. Consumer Spending numbers say all is good - and the Market likes. May be back to Bullishness, or just a DC bounce. This up cycle might tell the tale. XOM beats to help Big Oilers and the Market. UPS reports tomorrow, as well as V on Wed and MA on Thurs, all of which may tell if today's Consumer Spending numbers are real. The Market appears to be acting more unusual than normal and might be considered somewhat dangerous. Pops like this may be a chance to take profit. So be aware - choose wisely and try to be diversified with decent yielders.

Gold popped for ten bucks a couple of hours ago right after Market open. Overnight saw gold price sell off at Hong Kong open, then mid-way saw support, then more support half way through London, especially in the last hour of London. Currently running about $1095'ish.

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