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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 Dec 07, 2009 01:04PM

On NYSE - KRY sp back to even after down a couple of pennies, with volume closing in on 1M. Daily Technicals mixed. 60min still bottoming in Bear land and trying to turn and 15min has bottomed and is going Bullish. May hold any upside, if it comes, this afternoon. Not moving with Gold as this is a Lotto ticket that should explode on News. Miserable call of the close by me Friday, with the 0.3815 call and paint by Senor Cuatro Ciento. Well, got the paint right. Likely the same paint today.

S&P up and running with Uncle Ben on the podium. Rumors of the Fed Rate being upped. Not sure if now is a good time with the way the economy is, but rumors are rumors. The "good" unemployment numbers of Friday are subject to being revised as a page two item, so be aware. Banks down, except for the strong Regionals, Miners down, Oils up, NatGassersdown, RecessProofers Up (hmmmm). There are some indications of where this Market is going in the short term so be choosey and stay diversified.

Gold popping back to even at this time, after taking a pretty good hit overnight in Hong Kong. Likely reacting to something Uncle Ben has said or implied.

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