Welcome to the Crystallex HUB on AGORACOM

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

Free
Message: Today's Market

KRY/CRYXF likely will continue in a downtrend until the PP closes or a company update PR is released. Pinkies tend to do this when there is an information vacuum, and Pinkie players can be brutal sellers in their search for the fast dollar. Big Guys are gone and if they are still involved in this play, it is in getting into the PP.

S&P and Dow should see some upside today on good jobless claims numbers and bargain hunters. Asia was down overnight, but Europe seeing a pop on bargain hunting. Posted in off-topic a few days ago that if Uncle Ben and Tiny Tim did not come out and give the all clear, the Market would continue down. They did not post the all clear. Europe is not resolved and the US is very much in the background and invested big time in trying to bail this mess out. Overall trend is Bearish until news of resolution in Europe or US Fed does something, as news trumps technicals.

Gold and Silver seeing some upside from bargain hunting. As noted a little while back, the silverchart had broken down. Gold chart showing a kinda-sorta head and shoulders pattern being completed.

Be aware and control risk.

Share
New Message
Please login to post a reply