Today's Trading

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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

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jcwillis

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Today's Trading

posted on Jan 27, 2009 09:06AM

On NYSE/AMEX: Couple of hours left in the trading day... KRY sp down a couple of pennies at times. Volume kinda sorta low of about 380k.

Dow up a tiny bit and gold dumped at close of HK, but downtrending after touching 900'ish.

Short term technicals have affected the 60min techs to the point that 60min are now in complete Bear mode. Daily techs, although currently Bullish, show MACD turning south and converging. Early indication of a bit of pain for a while. SP is well above MA50 and it will be interesting to see how buyers/sellers react when MA50 begins trending up, which is very soon. Trend may not change without good news, because news always trumps techs.

Seems that since the big pop-n-drop there has been a price chosen each day that sp will not go above, and that price becomes lower each day. However, it was interesting to see significant buying volume just before and just after the Big Guys lunch today. Hmmmmm...

An OT Side Note: After reading OG's post about her being banned... Well, I just had ta go and review Y! for myself. Wouldn't ya know it... One of my posts from Sunday was copied over there. As many of you old-timers know, this has been a major goal for me. My life is now complete.