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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.775-4.8%Dec 1 3:59 PM EST

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To: Frederick Langford who wrote (1289)12/17/1997 2:17:00 AM
From: Mark[ox5]  Read Replies (2) of 2841
 
Hope the coverage comes out soon because from basic TA its in a precarious position. ECGOF is sitting right on major support the past few sessions in the upper 9's. A close below 9.75 and it has no support.. As for upside, it now has a lot of resistance even around 11. So anything above a 10% rise from here looks to be a lot of hard work. Yuck.

(Dont do in-depth TA, but this seems obvious..correct me if Im wrong)

Mark
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