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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, First of 2010

Today's Market, First of 2010

posted on Jan 04, 2010 11:00AM

No special astonomical events today like the last of 2009 (Blue Moon with an Eclipse).

On NYSE - KRY sp seeing some luv on a touch over 88k volume. Little bit of a pop to 0.3980, and then a sell off of sorts. Daily technicals appear to have peaked and turning slowly. 60min techs turning to Bullishness, so may see a decent finish today.

S&P up about a percent-and-a-half, and the whole market is seeing a Mutual Fund Monday. A sea of green pretty much across the board. Hope some reasonable choices were made by all last week, but if not there are still many - just stay diversified.

Gold moving up strongly. GLD Daily technicals, after what appeared to be a DCB to end 2009, now show a new higher-high and everything Bullish. Gold running with the Market, so beware.

Kinda surprised that no one picked up on my post yesterday about Silver Dragon Resources History taken straight from their Annual Report. I don't know... Initially known as American Electric Automobile Company Inc. (maybe slot cars?), then became American Entertainment & Animation Corporation (Side-show-cartoons?) and now currently a non-producing Silver Mining Company? Market Cap of SDRG is currently about a third of KRY Market Cap. Agoracom has an SDRG forum.

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