Looksmart Limited (LKST)

[andy20020]

Michaelirish .. I thank you for your response and the courage to take a firm position. I sincerely hope it is as you believe. I will not linger on reasons.. but needless to say what concerns me is the genuine lack of real growth in the US economy, growth that (I believe) is not achievable with a lower USD value (as all imports will cost more hence US deficit under more pressure as woud be the consumption ability of the average American).

Hence their stock market has to start to zing OR their interest rates rise to retain internationl investment.

If their stock market rises so too must the T Bond.

http://stockcharts.com/def/servlet/SC.web?c=$TNX,uu[m,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,...

Let's review this chart in two weeks then a months time.

If it is forming an inverted head and shoulders then ... you are probably right ... if it heads lower ... my worst case scenario has come to fruition.

(See the warning candlestick today?)

Regards