AYN alcyone resources ltd

easter greeting ayn faithful

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    ayn faithful its trading weeks like this week you have to hold your nerve- your dutch courage and if you are in for the long term on this baby and believe in the fundamentals to whether any storm- try and distance yourself from the screen continously because i can assure you that this week could most definantly prove to see a lot of previous weeks gains evaporate into think air- not only on ayn but also on other asx listed companies- is there substance to this claim or is it purely plucking a guess from left field - substance indeed -

    market and investor psychology proves that investors for some reason dont like to hold spec stocks over the course of weekends for whatever personal reasons and other factors ie overseas markets etc- be wary of selling into a sellers markets on short weeks like this one, because both this week and next week with the easter festivities amongst us, will be short weeks on the asx and from previous years has been shown to reveal trading opportunities for buyers wanting to enter stocks at cheaper rpices from those holders wanting to sell out over the course of the days which the asx are closed

    fyi - this week asx will trade as usual mon-thursday
    Good Friday Friday 22 April No Settlement
    Easter Saturday Saturday 23 April No Settlement
    Easter Sunday Sunday 24 April No Settlement
    Easter Monday/ANZAC Day Holiday 25 April ALL CLOSED No Settlement
    Easter Tuesday Tuesday 26 April No Settlement

    just imagine if selling pressure exists on the asx on fridays from holders not wanting to hold stocks over the course of the weekend (two days) how confident would they be holding stocks with the market closed over 5 consecutive days over the easter break- with that said, bear in mind also that easter holidays will also mean breaks for financial institutions which will explain lower volumes on some shares sending shares lower -

    Sure some may call this the retrace which ayn had to have from its stellar run of late, but for my moneys worth im still in on the blue sky which exists on many fronts for this share but have held out some additional funds for further accumulation should there be selling pressure closer towards the end of the week with the information provided above-

    Seen it happen many many times over holiday periods for stocks with extraordinary potential to dive lower purely for fear of holding over non settlement days, but all it presents it buying opportunities for those with funds to capitalise- hold your nerve either way and head back to your extensive research as to the reasons why you are invested in this coy and it should offer you enough peace of mind on down days like today - Happy Easter in Advance-

    in closing i got slammed by a poster over the weekend for posting a link regarding a silver analysts view on the silver market and its medium term market fundamentals saying that it had no relevance to ayn- still scratching my head at what commodity we are soon to be producing if the silver price has nothing to do with ayn - anyway so to avoid that same scenario, ill let you know in advance that i have added a link of incremental value for the posters that value my posts and want a very in depth-analytical review by an industry expert on the forecast for silver in the short-medium term -

    the report was released on yesterday and is an amazing compiled video by preciousmetalsnews.com- contrary to the many forecasters on youtube, throwing out price targets for the precious metal- this video is an excellent tool as it using charting analysis and indepth commentary - title : The Silver Forecast ... As Predicted Silver Reaches 45 Dollars Per ounce- Sunday, 17 April 2011

    http://preciousmetalsnews.blogspot.com/2011/04/silver-forecast-as-predicted-silver.html
 
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