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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: Monday Market

Monday Market

posted on Aug 31, 2009 01:47PM

On NYSE - KRY sp trying to stick to 0.2100. Daily techs all Bearish and have been stepping down for a while. Still may not be opportune time to add more without experiencing further pain, as noted in previous Market posts. Hard to change the direction of the masses once it tips and gets rolling.

Dow hit pretty hard at open and trying to come back. Definitely not a Mutual Fund Monday. The techs show a change in the winds with both Daily Stoch and Mac peaked and crossed. Daily OBV shows accumulation, so maybe the Funds are taking some advantage. Could be the start of a down part of the cycle that is normal in the Market.

Gold is also down, slammed especially hard at today's NYMEX open, and running with the Market. Seems it is everything up, or everything down - in this Market.

FLASH! - Rumors running rampant of the CJR.BCMF backing an un-named Agoracom poster into becoming majority shareholder... Watching CNBC closely for more details...

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