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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: Markets

Even though KRY closed down, percentage wise KRY fared better today than many of the other gold miner stocks.

Stochastic and MACD (hourly) showed that today had more sellers than buyers, so maybe some profit taking by those that got in at under 2? Can never tell why. Although we would like it, we can't have an up day everyday ;-)

However, the daily stochastic and MACD still show accumulation going on. KRY did close a bit closer to the daily high than the low, so things are still looking Ok for now.

It may very well be that because it is a spec, KRY will not run up fast. Alternatively, it may not get hit so hard on down days because, as a spec, it has good up potential.

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