Agoracom: Small Cap Investment - Crystallex International - Today's Market

Welcome to the Crystallex HUB on AGORACOM

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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jcwillis

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Today's Market - Short Week

posted on Dec 28, 2009 10:36AM

On NYSE - KRY sp getting some down pressure to open the last week of trading for 2009 (actually the last week of the decade). Candlesticks (Daily) still on the downside of the cycle, while Stoch and Mac technicals showing some support and OBV not. 15min still trying to turn after bottoming while 60min is bearish. Some support at 0.3650@37k and 0.3600@62k. Volume nearing 1/3 million at this time.

S&P500 up ever so slightly. Russell 2k is down a touch, so speculators apparently are on vacation. Overall, Market currently appears mixed with Banks down, Ocean Shippers down, Technology mostly up, Copper Miners up, Big Oils mixed, Restaurants down. Short week of trading with a Friday Holiday (New Year's).

Gold less than even compared to last Thursdays short day close. Now seeing heavy down pressure after being up and touching $1114 overnight. Nearly hitting $1100 at this time.