Anavex Life Sciences Corp (AVXL)

[123tom]

Its hard to predict these next several days.

We've seen big moves in recent weeks, 80 cents and 1.30.a 1 dollar move could happen again. I could see a move from 5.50 to 6.50 in the current pattern. If we are looking at a run up into the conference Nov.6th, then we will be watching either a steady climb or else a rocket up 1 dollar,maybe 2.00, or else maybe a combination of both. I think my trading mind is trained to make a snap decision based on How the move happens. If it rockets up suddenly in one big move at the open some day soon, from here to 7 dollars, or from 6 to 7.50, something like that, then I think the speed would force me to trim some profit and watch how the sell off goes after that. a day for nimble trading if it happens like that. but otherwise, it just needs to be watched to see how this run up into next week plays out. I'd like to see at least a target area 7.25-8.25 before I trim some trading shares.