Looksmart Limited (LKST)

[andy20020]

TA ... Last day of Options expiry is often nutty ... and I personally believe will be the retrace bottom for LOOK (that's how I'm playing it) before the big rise into month end next week.

May I remind you that I've been calling this week end drop on both this and Oze ... remember the pattern for future Option expiry weeks ... smugs ... please take note as you often call market moves 180 degrees out.

http://www.investorshub.com/boards/read_msg.asp?message_id=1121133

Once support at $2.99 collapsed today ... curtains, but there was a small sign of MM buying into close ... not convincingly though ... watch the close tomorrow for a sign that's the bottom and a new up phase starts Monday. watch the ten day chart with Bolling Bands to see the bounce.

Regards