American Eco (ECGOF, ECX on Toronto exchange) Message Board

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

ECX 1.690

0.0%

3:56 PM EST

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To: Hawkmoon who wrote (2547)	6/15/1998 8:06:00 PM
From: Nero	of 2841

Ron, VectorVest puts large emphasis on technical charting. Since ECGOF has been on such a strong downtrend, VV's recommendation won't turn positive until ECGOF turns and trends upward. From VV: RT (Relative Timing): ECGOF has an RT rating of 0.72. On a scale of 0.00 to 2.00, an RT of 0.72 is poor. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock's price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock's Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Open interest on calls/puts is more balanced, according to CBOE: cboe.pcquote.com But the put interest, like short interest has waned of late. Anyone else think DBCO is worth more than a buck a share with new ECGOF friendly management and new contracts? nero

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