Anavex Life Sciences Corp (AVXL)

[sab63090]

I have to agree, the thing is once the 200 day sma broke down below (more than a plus or minus) $5.55, the bounce back was not strong....hence, I mentioned that I would wait several weeks before a re-look. Today was lousy and it's hard to argue with Old Mystic's Model of $4.48 at this point.

As far as news and Missling is concerned, I don't expect anything from him even though he is facing the firing squad on his empty promises...."do or die"

My tactic: is stand aside and wait for a couple of weeks