Inspection of the ECU chart is nice indeed. ECU is doing something I haven't seen in many months. It not only gapped up (albeit only a 2 penny gap) it has held the high position. The normal at this point is to slowly get chewed down. The bashers insuring those who bought high sell low. They (at least one of them did) worked overtime friday and last weekend in an effort to get the nervous ones out. This is because ECU did not fill the gap and did not fall below the 50 DMA by friday. This worried them.

Don't fight them use them. They are a market resource. They really act up at the bottom and are quite when ECU moves up. At the top they instill some doubt then attack all the way to the bottom. Then repeeat the cycle. They are effective in helping one time the high and low so those who trade their 1/3 can get a sense of where to exit and enter. It has worked for me. (I don't recommend this on a highly spec stocks. Just one ones that have the goods. G SLW ECU ABX ECA etc.) Don't try to catch the tops and bottoms; catch the swing in between.

The advantage to having the SH and this board is after many years I have gotten to know who bashes and who doesn't so now all one needs to do is look at the names popping up on the SH list without reading it.

It is not infalable. The way ECU, gold and other PM's were shaping up last week triggered caution. That is why on sunday I chose to not even consider trading anything this week. I am not fast enough for just the penny trades. I have to make my decision in the morning before markets open so I didn't wan't to stopped out.

Also, Jon Nader is definatly but slowly becoming bullish. Should I become concerned or was his job on the line? He hasn't bashed the gata crowd in a while.

Just to mention Gold I will put my channel chart up again

http://stockcharts.com/h-sc/ui?s=$GO...

This is definatly interesting. Gold wants to ride up on the top line The momentum indicator is still up with a pause yesterday. Gld volume is building.

Keep the honest reviews and report coming. It is OK to hope.

Reg Mills