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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: Tuesday Market

Tuesday Market

posted on Sep 01, 2009 11:49AM

On NYSE - KRY sp still touching on 0.20 at times and trying to maintain 0.21, somewhat below MA50 and MA200 by about 20 percent. Daily Techs implying continued pain to come. However, OBV showing an ever so slight accumulation. Still may not be a time to add more. If so, scale in but realize possible continued pain. Although the volume is not what it once was, it is moving share price down, unfortunately. An update or news would help...

Dow down about 150 at this time. Daily Stoch and Mac crossed to Bearishness with OBV showing acculmulation of possible cost averaging. Continuing down cycle that is normal in the Market. Oil down, NatGas down and Solar down.Again, as yesterday, pretty much all of the Market is down.

Gold popped at Market open then just now got a haircut. Overnight gold sold off from open of London, then came back before the recent knock down. Seems it is everything up or everything down in this Market.

Hang in there. Oh, and would everyone wake up and get this Board rolling?.... OldFool sez so...

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