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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: Friday Market, TGIF

Friday Market, TGIF

posted on Oct 16, 2009 09:59AM

On NYSE - Kry sp shows 600k+ group of shares at 0.240. And, that is what they want us to see so could be much more. Daily technicals flat, flat ,flat from the sp being kept in a channel between 24 and 25.Volume currently about 57k.

Dow seeing continued profit taking. Currently below 10k. Market does not like Lewis not taking BAC salary. j/k. GE and BAC bad numbers put the hammer down giving jitters to investors. Plus, Fridays are typically a profit taking day. Banks hammered, Oils mixed after initial profit taking at open, Miners mixed, Retail and Shippers down, Restaurants and RecessProofers mixed. May be a chance to establish a position for the next surge, but be careful. Although the mutuals have to keep up with each other, they are selective and diversified in their choices, which is not a bad thing to follow.

Gold looked to try and keep it up last night, but could not. Currently up a little compared to yesterday's close, running at trying to catch $1050.

Hope everyone had a good week, and the weekend is good for all.

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