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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 Market

Today's Market

posted on Sep 29, 2009 01:05PM

On NYSE - KRY sp hanging in there despite the technicals of doom. Just over 100k traded thus far with Daily techs very much in Bear mode and OBV flat and indecisive. But sp still hanging in there so there is some support from somewhere at this time. Froggy getting jumpy and who's that clown saying this is the twilight Zone... :-D

Dow seeing a bit of hesitation today from the not-so-good Consumer Confidence numbers, plus Case-Shiller shows house prices still going down (although my personal experience is the opposite). So, today will be down a touch unless something new breaks. S&P is up at this time. Last week's reporting by several companys show indications that it could be a time to start to get defensive (good yielders and RecessProofers) in stock choices. Yesterday's Dow Mutual Fund Monday reinforced the cycle upward, so will see if another higher-high can be made.

Gold should be taking off big, considering the economic news. Getting a pretty good bump right now, while overnight was driven down from London open. Currently $995'ish.

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