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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 Jan 13, 2010 01:53PM

On NYSE - KRY sp seeing selling pressure on 650k volume. Gapped down at open and tried to recover. After several days of hanging in there, a lower-low was made today, so confirms the Bearishness - for how long is anyone's guess. However, Daily OBV is flat. 15min trying to turn but having a very tough go.

S&P up today. May be a DCB as much of the Market was so topped out. But, the recent past has shown that this Market does have legs. Much of the Market up, along with the RecessProofers. Yesterday may have been a decent entry point as long as DD was preformed as well as picking to be diversified.

Gold seems to have some steam in it since about 1030am eastern. Yesterday saw a dump over that time period. Touching $1120 before the current rebound and currently about $1135'ish.

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