Welcome to the form.
You probably have a stuck valve in the pump. Try getting someone to push (down) on the drive leg (hard) while using the trim down switch. Naturally, you'll want to be on the trailer, or have a swimmer do chin ups on the ventilation plate, if in the water.
You can also try using a small (light) hammer (less then 10 ounces) and lightly tap around and on the pump housing, again while using the trim down switch. This can free up a stuck valve too.
Lastly, you'd be best advised to pick up a manual for this drive/engine package. They're cheap (usually about 30 bucks retail) and run through all the diagnostic information. It would also be a good time to "level the playing field" by preforming the routine maintenance, that's needed on these assemblies. This way you know where you stand with the engine, drive, tilt/trim, etc. More importantly, you'll become intimate with the workings and condition of the various assemblies, so you know what you'll be looking at, the next time an issue comes up and probably a good idea where or what to look at for the specific symptom(s).