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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 27, 2009 12:18PM

On NYSE - KRY sp taking a hit like the rest of the market. Speculators appear to be bailing. Gapped down, then bounced back before continuing the down trend for the day. Spec stocks usually take the first hit on bad Market news.

S&P down on the Dubai Boys asking for credit extensions. Overnight in Asia and Europe the Markets were down, but Europe seems to have come back. Something like 98% of S&P stocks are down at this time. Dow was down over 200 earlier and seems to be recovering. About 45 minutes left and looks to be a down day. Weekend will provide some time, and Monday will see how the Market digested this news on Dubai.

Gold gets the slam overnight about mid-way through the Hong Kong session. Touched back on $1140 before clawing back. More of a surge once NYSE opened and currently running about $1175.

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