TGIF, Today's Trading Positive for KRY

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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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jcwillis

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TGIF, Today's Trading Positive for KRY

posted on Jan 16, 2009 11:33AM

On AMEX/NYSE, KRY closed UP at 0.1900 (should have been 0.1711). Paint or not, it is above the MA50 and bodes well for Tuesday. Volume a touch above 900k. Short term techs kinda, sorta undecided. 60min is in Bull Mode. Long term techs (Daily) coming around to converging into Bullish. Could be a very good next Tuesday for KRY to welcome the new administration.

As for the Dow, it too should be a pretty good Tuesday coming. Dow long term techs are poised for a Bull run.

I refer to next Tuesday because Monday is a Market Holiday for NYSE/AMEX.

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