Looksmart Limited (LKST)

[andy20020]

optimist ..................................................

A broker once said to me "all ships go out with the tide" so no stock is guaranteed as investors (in US particularly) margin accounts say "feed me, feed me" when markets tank ... which is probably about here if it continues downwards and the shorts hop on the bandwagon, so the average margin trader pull out of anything to feed margin ... the good thing with NVGN .. so few people will know about them ... not at all like LOOK ... so probably less affected IMO.

I had a terrible run in the markets two/three years ago so stopped trading and studied all the TA I could get my hands on.
Look at www.stockcharts.com and under Education ... learn everything, examples, theories, trading techniques to start with ... it'll be confusing ... but that's the best way to start IMO. Pay special attention to Fibonacci theory, Elliot Wave theory, and Candlestick charting and then start watching the following site's free Dow analysis daily to begin to understand how the theory becomes practise ... www.signalwatch.com

Remember TA is not about being right all the time, but being right more often than not.

Regards