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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: Today's Trading, Friday, TGIF

Today's Trading, Friday, TGIF

posted on May 15, 2009 12:06PM

On NYSE: KRY sp seemed to get hit from the Q1 disclosure. But, sp hung in there pretty well, so there are willing buyers. Daily techs showing nothing but Bear Claws that may not stop into next mid-week. Just a part of the cycle. About 580k moved today. Still staying above MA50, which is good. Still awaiting news - the Good type ;-)

Dow down 60'ish, but the S&P500 is down more precentage-wise. So, the overall market is actually down a bit more than the Dow is showing. Banks not doing too hot, and today was options expiration. Actually, the three that were previously working - tech, energy, and financials - are all pretty much down. Uptrend continuation may be determined by this down cycle.

Gold is up but many of the miners are down. Currently about $930. Possibly some kind of residual of this overbought Market.

Everyone have a great weekend.



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