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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 Oct 06, 2009 09:30AM

On NYSE - KRY sp still banging against the two-bit mark. But, in afterhours it has seen more from interest from buyers. Technicals are still ugly, so be aware.

Dow is coming off of a good Mutual Fund Monday, and technically bouncing off the lower Daily BB, although still needing to bottom and converge the other techs of MACD and Stochastic. If an up day, today may turn the other technicals. Just need to see if a new higher-high can be made over the next few days/week. This after a lower-high and lower-low recently signalling a trend change (bearish).

Gold popping big after Hong Kong closes, going beyond $1035 before Market open. Gold and the stock market have been running together, so maybe the market is in for another up day.

Hope everyone's week is going well.

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Oct 06, 2009 09:49AM
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