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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)
ECX 1.665-7.5%Dec 22 3:59 PM EST

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To: david james who wrote (2137)3/10/1998 1:42:00 PM
From: john carr  Read Replies (1) of 2841
 
It looks as though when the people who don't want to hold what they think will be "dead" money get done selling we should move back up to the 11-12 level rather quickly. Seems to be a lot of buying pressure that could result in a pop when the traders from the low nines get done selling. IMO the April 10's look good at 15/16 as you have 6 weeks to get to 11 for a profit. 12.875 to double your money.
good luck,
john
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