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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 Nov 11, 2009 11:44AM

On NYSE - KRY sp in rebound mode after the sell-off opening the month of Nov. Now seeing new speculative blood diving in, possibly from the recent move in Gold. Daily, 60min and 15min Technicals are all good. Daily OBV showing some dispersion starting yesterday. Might be getting some news soon from the Q3, whenever that happens.

Dow is having a good week, but buyers have slowed down since the Mutual Fund Monday to open the week. Daily technicals are bumping off of the upper BB, so there may be profit taking in the near future. However, this Energizer Bunny has legs and just keeps on going... and going... Miners good, Oils bad, Banks good, Telecommunications bad, Technology good. The Market may be topping, or maybe not, so be choosey and stay diversified. About half-way through the trading day and volume is on the lower side, but today is Vets day. Be aware that your trades since last Fri, because of this Holiday, will finalize a day later than the normal three.

Gold is still running with the Market. Technicals show a higher-high and Bullishness while might be some topping going on as it is banging against the top BB. This is another Energizer Bunny the keeps going... and going...

You know who, has returned. When queried about the vacation, the response was, "Vacation?... What vacation?... Playcation, Dude... Playcation!... The BCMF is Back, Baby!"

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