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: Today's Trading, Monday

Today's Trading, Monday

posted on Aug 10, 2009 10:45AM

On NYSE - KRY sp hanging on to two-bits. Friday saw sp touching 0.23, a lower-low. Technicals still ugly with OBV non-supportive today. The waiting has been tough and does breed some in-fighting, although somewhat civil. Many times, half of a stock's move is the sector and the Market...

Dow is currently down about 10, but could be going into a down part of the cycle. Techs are very strong still even after the run. Banks are mixed as is most of the rest of the Market. Gold miners down as are the recession proofers (AIPC, FT, PEP, etc.). Appears to be a lot more faith in the Market at this point.

Gold hit pretty hard at open of NYMEX. However, unlike Friday when it came back a bit, it seems to be sticking. Indicates the Market has investors interest moreso at this point. Currently running about $945'ish.

Share
New Message
Please login to post a reply