Anavex Life Sciences Corp (AVXL)

[123tom]

@Catdaddy, ... as far as maintaining my investment in Anavex, I'm still bullish, and still have a manageable position. I was looking to add a few thousand more shares if the price tumbled down like its doing, so I'm watching the price action for clues. I've been able to see what the downwave has been doing since the last major peak rolled over at 6.80. I got fooled a little when it bled down to 5.00, it looked like 5 could hold, so I bought a little there, and 4.70, and that was my last purchase. All the target steps going down from there, I watched and decided to pull away bids, target stepsin the 4's. I said back then, if the triple bottom 4.80 breaks down we could see an accelerated tumble into the 3's. And here we are now. I didn't buy the 4.00 target, and not today at the 3.40./// But having said all that, I'm watching even closer now, if 3.40 bounces, watch how high, or how weak, and would it roll over, just like 3.60 did, ...I would like the next targets from 3.25 to 3.00 to 2.75 I will buy some there. But managing the investment now, I'm always careful to buy in small pieces at a time, I'll add larger portions below 3 dollars. I will also need to sell a bunch if/when it gets back to 7 or 8 dollars, but that just what my investment needs for balance.