Looksmart Limited (LKST)

[Ollie]

Hi Andy,
We seem to be on the same wavelength here. I was going to buy some yesterday for a quick trade but no cash left atm so I'll just sit this short rally out.
I think there will be one and possible two more days of upward movement in the US, however I too think this will be short lived as the selling pressure is still quite high. ( http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=LOOK )
I expect this to go to at least $1.60 before any real come back. We'll see what happens and in the mean time I'll be just a spectator for a while.

Good luck with your US trading.