Looksmart Limited (LKST)

[andy20020]

Some info .. LOOK down 2.4% on the sector/market ($iix off 2.4% as well, OVER less 4.2%).

The 50% retrace target of this current move is $2.73, very close to close. I didn't watch trading today so I'm unsure if it is being accumulated ... there's genuine concern over the market today and the Fed will pull all stops now to sure it up tomorrow , IMHO.

I sold a decent portion of LOOK's (hold plenty LOK's) at a small loss to buy something else that looks more short term oversold and short term pop probable.

Still hold more LOOK/LOK than ever before, IMO, I expect FA to prevail short term.

Watch for a small volume rise tomorrow on a slight uptick day ... that would be a signal (in this market) to be positive.

Good company, pity about the market!

Regards