Sounds to me like something in your tank or that your pick-up is clogged. Dieing as the nose goes up is important as it means that something is shifting when this happens.
My boat sank. I ran 8-miles upriver for breakfast with my date at the time. It was a new relationship and she was pretty impressed that I was 21 and had a boat. Came back to the dock after breakfast and the boat was sitting pretty low. Lifted up the hatch and there was a lot of water in there. Turned on both bilge pumps and started heading back downriver. Wasn't sure what else to do. Made it about a mile and the engine quit and wouldn't restart. Turns out that the water got so high that the wiring harness for the electric fuel pump had "floated" up and caused it to become tangled around the prop-shaft -- disabling the fuel pump. It didn't really matter since at this point it was obvious that the bilge pumps weren't keeping up. We were able to pull the boat to shore but it still sank in 2-3 feet of water.
Turns out that my stringers were rotten and my "repairs" had not done the trick. The engine twisted in its mounts, the prop-shaft wore completely through the shaft-log, and the water came rushing in. That was the beginning of a 2-year rebuild.
Former owner of a 1987 Supra Saltare. Current owner of a Malibu 23LSV.