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To: Miami Phillips who wrote (2555)	2/27/1998 3:35:00 PM
From: Bob Kimball	Respond to of 2806

Miami... 22 is in a strong resistance area and the odds are very good ECI will not get through that band on this attempt. The quality of this rally is too far, too fast, which is typical of bear market rallies. While the whole market is not in bear mode, ECI may still be. Bear rallies are impressive, but short-lived, and completely erased by the next downswing (unless the main trend has turned up). It's too soon to know if the long term trend on ECI has changed. Short term, this rally is probably over and if you don't intend to hold a long time, taking profit now wouldn't be imprudent. Just my opinion, not to be construed as market advice!

To: Miami Phillips who wrote (2555)	3/2/1998 8:47:00 AM
From: Terry Whitman	Respond to of 2806

I would not concern myself with the 22 mark. ECI is still very strong technically. There may be a lull for a week or 2. If you look at the chart (starting from the recent bottom)- you'll see 2 bullish looking step-ups, followed by a 1-2wk. basing period. We have just made a very quick 3rd step-up. A short basing period here would follow the recent pattern. It would not surprise me however if the basing period is shorter than the previous ones, due to the heavy buying volume on this last step. What would surprise me here would be a major reversal of the current bullish trend. TW