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

Free
Message: Is the Market Topped?, Correction Coming?

As far as the Big Guys, looks like they are staying in the Market before they eat. But, after some grub and a few cocktails, they are bailing (between 120-140et). Pretty much inconclusive at this point, and need a few more days of observation. Although the most recent action of bailing after lunch could be a small, but significant, signal.

Should note, the 14 Day MA and 50 Day MA are converging for S&P and Dow. Should they cross, the Market will be in a similar position as back in late 2008 leading up to the Market bottom in early 2009.

Not to say history repeats itself. Just, be aware.

Share
New Message
Please login to post a reply