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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.900+2.2%Jan 16 9:30 AM EST

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To: Harry_Behemoth who wrote (1826)3/1/1998 11:32:00 AM
From: Francois H. Gaston  Read Replies (1) of 2841
 
Thank god somebody knows about NOLs, warrants, options and so forth. Great board here.
Here is a link that will show you a graph I created about ECO. It is stored in the 2 Mb we each have (that I just discovered) at AOL... free to FTP files and so forth... great!

members.aol.com.

Anyways:
On this graph you will see the Negative Volume Index I have been using a lot. It is aimed at understanding what "smart money" is doing... Well folks: we know now that smart money is big time behind ECGOF when you will see this nice rounded bottom! Forget about day to day stock movements... If earnings are good, the stock market holds, and the DBCO deal comes through and is seeing as beneficial,... we are going up,... may be big time.... all IMHO, of course...
I wished I kept some ammunition for Monday at the opening: could be time to gamble and rumble!
Here is what I mean... you will see that the NVI has been a good indicator in the past for ECGOF and I talked about it in the past. You will also see the classic long term accumulation of ECGOF with only intermittent distribution.
Good luck all.
Gaston
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