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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: Thursday Market

CRYXF testing BB mid-band. If it holds the next few days, Bullish sign. If not, the lower BB is about a dime,and will likely hold. OBV trending down since Sept8. News of funding to last out the arb can always trump the technicals.

US Market up on world central banks providing dollar liquidity to EU Banks. Asia and Europe up overnight. Greece will get their next bailout portion, likely still default on the loans but stay in EU. Hearing the "Now is a great time to buy" everywhere. Heard that, and still hear it, about housing as it slid off the cliff and continues down. Suggest caution. How come we never hear now is a great time to sell? Anyway, the S&P will see the 50DayMA at about 1225'ish. Dow at about 15500'ish. These will be resistance. If Market runs by resistance, it is all good. Likely the Market will find it tough to get by these. Suggest tight stops as Market approaches these resistance points.

Gold and Silver having a tough time with the central bank shenanigans. Both still within support and having a tough go of it, with lots of doom talk out there. So much for September being the best month for Silver. Anyway, Economy everywhere is not getting better as noted by today's jobless claims as well as the predicted inflation numbers going up. Fundamentals will likely prevail, once the central banks find their bag o' tricks empty. Miners all pretty much down, except SVM which took a major hit yesterday (good spec play).

Hang in there.

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