EcoloClean Industries (ECCI)

[d0lphint0m]

Jimmy,
I read over your posts from the past year and I have to admire your timing. From the posts it appears that you got in last January and started getting "prudent" in March....talking about investors "tempering their enthusiasm". If your posts are any indication then you were taking some chips off the table near the top.
As for myself, I started getting involved in July near .03 because the RSI weekly was oversold (I thought). So when it broke support at .015 I waited for the next run up to .015 two months ago to try and get out because I thought that .015 was heavy resistance (and I still do) but I missed it, so I am stuck.
Trying to "guess" a bottom on this is so hard from a chartist's perspective because there is no support here. The only thing one can "hope for" is that a bottom comes as it did last year, around December 28th. But this is the first time the weekly RSI has been below 35 for such a loooooooooooooong period of time without any kind of rally toward at least 50.
The one "ray" of hope that I see from the chart is that if you connect the bottoms in 2004 and 2005 (three bottoms) you will see the trendline of the channel is right around here.
So here's hoping that you're intuition is as good as it was last year and good luck to you (as well as all of us).