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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
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Mar 02, 2009 04:57AM
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Mar 02, 2009 05:15AM
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Mar 02, 2009 08:38AM
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Mar 02, 2009 09:27AM

Hondo,

Mentioned gold lost overnight gains at just before 7am today. My apologies as I should have been more detailed this am. NYMEX closed at just above $940, and gp headed down a bit more and is holding at above $935. We may see $900, possibly $850 (mentioned these a few days ago) in the near-term before heading back up.

On NYSE: Looks like Market sell-off finally caught up with KRY. SP as low as two-bits, but holding. Volume at 267k'ish. 60min turned to Bearishness. Indicates holding above 0.2250 now in question. Changes in the techs are normal in the minute, hourly, daily cycles. May be nothing to get concerned about, but be aware that trends are difficult to reverse and Daily techs are in total Bearish mode.

Dow may be seeing bargain hunters now stepping in. S&P500 also slightly up.

GRZ and RMLFF still around. GRZ had a pretty good pop this morning and settled back to no gain, while RMLFF is up a half-cent.

Raining here in "Sunny California." Hope everyone's trading day is going well.




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