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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 - AGM Day

Today's Trading - AGM Day

posted on Jun 24, 2009 11:51AM

On NYSE: KRY sp appears to be getting a bit of a lift from the AGM. Daily technicals, nothing but Bearish recently, now showing signs of turning for the better. Daily OBV, in a downward tail spin the last few days, is currently flat and seems to be awaiting news. Volume currently about 184k.

Dow up 75'ish as is most all of the rest of the Market. One might think this is a Mutual Fund Monday or something. Seems to be durable goods and global economic optimism trumping the crummy new-home sales.

Gold flat runnning $925 overnight, then jumped big to $940 at open of NYMEX to easily move it above the MA50. Looked like a trampoline effect off of the lower BB. Pick a gold stock and ride it up.

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Jun 24, 2009 12:47PM
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