Looksmart Limited (LKST)

[andy20020]

LC ... nope, so far USD and other factors suggest a positive market tomorrow (LOOK ???)... but I don't need to trade LOOK, so unless I see the reason to get long I just wait for one. I look for (what I believe) is the optimum trade ... like CCE (and SIE) in Oz today for example ... and wait for them to come to me. I find I have a far higher potential to loose money when I try to make the trade. Whether LOOK goes up or down doesn't worry me ... IMO it doesn't say BUY here so good for you if you're long ... I'm playing in another sandpit right now and will wait for the invitation to play in yours first! A close over $3.48 would be most inviting and suggest a run to $4 or above, but I still don't like the risk reward much here.
BTW ... I'm watching for golds to retrace, oils to confirm another leg up, small caps to top out next couple of days and have started to accumulate cash again and repatriate AUD/USD to fund "lifestyle enhancement investments".

Regards