Replies to post #10995 on Looksmart Limited (LKST)

[optimist]

You're a good sport Andy. Out licking wounds, etc., but still happy to talk about your TA, I read books, but am still learning from you guys as well. Thanks Ollie and Mission X too. Lok is still hard, I worry when I'm in and I worry when I'm out. At least now I've learnt not to worry so much when I'm out. As people say on here a profit is a profit. You guys were all pretty right with the analysis a few weeks ago. Something along the lines, it would go to 15c, then to 19c. How good were you? It did both those things. Well done!
Thanks.

[Ollie]

Very negative here for the DAQ, LOK and the whole sector. I expect the DAQ to bounce off at 1900 and if 1900 dosen't hold then it could go all the way back down to 1800. Money Flow and OBV are both negative on the DAQ.
LOOK finished on the low of the day on high volume and with lots of selling pressure.... http://thomson.finance.lycos.com/lycos/iwatch/cgi-bin/iw_ticker?ticker=LOOK
Matching price today 14c and I expect it would go there today.

I see what you mean about YHOO. It should bounce back from trending line at around $44 which is a couple of bucks above the 200SMA.

Good luck guys and keep some spare cash to get some bargains soon.....LOK included.

Cheers,
Ollie