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Gold/Mining/Energy : American Eco (ECGOF, ECX on Toronto exchange)

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To: david james who wrote (2321)3/31/1998 6:39:00 PM
From: Michael Anthony   of 2841
 
Maybe these estimates are what is propelling it. Maybe now that the books are wide open, Eco will be given the PE they always wanted against the numbers as they really are now that they are audited. I really don't know. I do know candlestick charting though, and I jumped in again at the open. The volume yesterday was incredible. Nice hammer! I honestly can't put my finger on it, and I'm still leery as hell, but I am not foolish enough to ignore the trading. The market always knows more than I do. I just can't wait to pin down the reason for the sudden interest and volume after this horrendous month.
I can't believe it was in anticipation of today's release or short-covering. The volume was too significant. It must be something else. I just wish I knew what. Finger on the trigger though.
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