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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: Re: Today's Trading, Thursday
3
Feb 05, 2009 04:16AM

Feb 05, 2009 06:47AM


On NYSE: With about half the trading done gone, KRY sp running between 0.23-0.24 with decent volume of 401k+. Daily OBV chart showing accumulation for third day in a row. Seems significant, especially with other techs heading into Bearish territory. There does not seem to be daytrader action on KRY. However, OBV shows KRY under accumulation. Significant volume just before Big guys went to lunch. Did I mention that OBV indicates KRY is under accumulation?

Dow is up, for now. Techs show as bottomed and crossing into Bullishness, but experience shows this may not mean much.

Gold price in a downtrend after peaking at about $925'ish. Likely not the big rally that will soon enough happen. More likely panic buying over the Stimulus Package.



Feb 05, 2009 08:05AM
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Feb 05, 2009 07:48PM
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