Hi Pic!

I think the technical picture looks pretty good, and I decided to buy a few thousand more shares for traders on this move. If we get a breakout above the downtrend lines then the stock could easily move 10 to 15 cents higher very quickly. There is a large outstanding short position on ECU and shorts are usually highly influenced by technicals. For reference, the last time ECU traded sharply higher in a short time it was in tandem with short covering. I think the fundamental picture warrants some consideration too, but for now it is the technical outlook that will reverse the trend. There is money to be made on this breakout.

cheers!

mike