Replies to post #439248 on Anavex Life Sciences Corp (AVXL)

[georgejjl]

You are right Lou Rukeyser and others called the most common the "Dogs of the DOW"

Anavex and biotech should be the best of the best in 2024.

Good luck and GOD bless,

[kevindenver]

Took that approach to "buy the blood in the streets" and sell the cheers for 30 years...the strategy seems to have worked out well. ;)

Note that my personal biotech ($XBI) bullishness s based more upon macro market dynamics than any sort of event. In fact less macro events the better as one leg of my thesis is rangebound 10-year interest rates.

On the other hand, $AVXL is pure biotech speculation at it best, and for it to occur within a more stable sector market the better.