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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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Message: Tuesday's Market

CRYXF not showing any volume at this time. Has been running between the upper and mid BB's. That is Bullish! Don't get all excited just yet. Lotto ticket needs news for a real move. Am suspecting there is new spec blood getting in, as well as this being the time of year to set up for the junior/mid miners run. But, then again, who knows. In order of importance that moves a stock - world news, sector news, stock specific news.

Market still not liking all of the uncertainty. Asia mixed overnight, Europe all giddy about Greece looking for Renmimbis. News out of Euroland still driving this bus to ruin, and will mess with the other world markets until it becomes page two news. Yesterday the US Market came back strong on news that Greece was looking for some Renmimbis for funding their debt. Debt poured on debt will just kick the can down the road. Does Greece just need to default and let everyone move on? Kinda looking that way. Be careful in your selections. Staying diversified may not help. Waters are choppy. The hen house is a safe place.

Gold and Silver have not gone technically out of their ranges. The "C" portion of the ABC correction is no longer in effect, but news will do these sort of things to the technicals. Looks to kinda-sorta be forming a triangle that has a sneaky feel of being Bullish. Cost averaging, value players, etc., coming in today and bringing prices back up. Dollar strength will eventually be overcome as safe havens are few and far between.

Hang in there.

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