I am providing a summary of the trades so far for this week below. GMP is obviously a tax loss seller who needs to cover off on gains made during the year, this is very common practise. Cannacord is our market maker and has been playing games because of the GMP and TD seller and is probably short stock which will have to be purchased back. TD is a combination of one or more traders and probably some tax loss selling as is Desjardin.

The real focus and question should be who is this buyer through Anonymous that is getting the cheap bargain stock as they have bought 682,600 so far this week. This is a time to focus on buyers not sellers as tax loss selling will be done on Dec 24th, gold/silver looks stronger week over week and the HUI has shown the same strength lately.

I expect large amounts of money to come off the sidelines in January and gold/silver and ECU will more than get it's fair share.

Here are all the house positions for : ECU from 12/15/2008 to 12/19/2008.

21 Records Returned

House Positions

	Exch	House	Bought	$Value	Ave		Sold	$Value	Ave		Net	$Net
		1 Anonymous	682,600	630,638	0.92		22,800	20,914	0.92		659,800	-609,724
		46 Blackmont	100,000	86,563	0.87		111	101	0.91		99,889	-86,462
		88 E-TRADE	89,800	83,700	0.93		21,400	20,654	0.97		68,400	-63,046
		9 BMO Nesbitt	77,900	72,844	0.94		37,200	37,054	1.00		40,700	-35,790
		75 MGI	18,900	18,939	1.00		0				18,900	-18,939
		14 ITG	18,000	17,650	0.98		0				18,000	-17,650
		15 UBS	15,250	14,330	0.94		0				15,250	-14,330
		65 Goldman	11,700	11,618	0.99		0				11,700	-11,618
		27 Dundee	10,000	9,700	0.97		0				10,000	-9,700
		5 Penson	7,000	6,790	0.97		0				7,000	-6,790
		124 Questrade	2,500	2,225	0.89		0				2,500	-2,225
		57 Interactive	400	400	1.00		123	119	0.97		277	-281
		79 CIBC	62,800	55,495	0.88		64,500	64,605	1.00		-1,700	9,110
		39 Merrill Lynch	4,500	4,158	0.92		12,500	11,110	0.89		-8,000	6,952
		80 National Bank	17,700	17,234	0.97		35,500	34,115	0.96		-17,800	16,881
		85 Scotia	281,900	280,712	1.00		310,000	309,867	1.00		-28,100	29,155
		2 RBC	93,210	88,249	0.95		129,142	120,573	0.93		-35,932	32,324
		19 Desjardins	8,000	7,350	0.92		56,200	50,207	0.89		-48,200	42,857
		33 Canaccord	158,636	151,436	0.95		243,971	236,083	0.97		-85,335	84,647
		7 TD Sec	160,461	152,390	0.95		479,310	447,215	0.93		-318,849	294,825
		74 GMP	0				408,500	359,804	0.88		-408,500	359,804
		Total	1,821,257	1,712,421	0.94		1,821,257	1,712,421	0.94		0	0