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: Thursday Trading

Thursday Trading

posted on Apr 16, 2009 06:53AM

On NYSE: KRY sp down a penny. But, at this sp, a penny is more than 4%. Anyway, Daily techs that are Bullish are currently peaking, both Stoch and Mac flattening and OBV flat, which is a part of the normal cycle. However, be aware the trend since mid-Feb has been downward. 60min techs showing nothing but Bear Claws for today.

Dow is down a bit, and overall Market seems mixed despite JPM beating strret estimates. Most all banks down at this time except JPM and C (both slightly). Restaurants, in general, doing well at this time. Recession proof types AIPC, MO, PEP, GIS all down while PG is up. Market still trying to determine if the last bottom was the real bottom.

Gold dumped big at open of NYSE down to near $875. Starting to recover.



2
Apr 16, 2009 10:51AM
Share
New Message
Please login to post a reply