Monday, 1 June 2009
GEPPY CHRONICLES: A BRIEF OUTLOOK
New Month...New Day.... so were do we go from here as far as Geppy is concerned?
Yes..Geppy looking overbought but like i said on Friday...we may still push up into the 158 zone before any significant retrace.
As far as the monthly is concerned..we are knocking very close to resistance @ 158/159...then 162 before we maybe see a significant retrace.
I will play this mainly on a daily basis from now on...the softly...softly approach we had last week suggests something happening in the background...
Will post a weekly analysis which should shed a bit more light..for now..lets just say my approach is to buy dips....
By the way...i think i have a ghost in my computer..so forgive me if my posts are a bit late...my apologies.
happy Pippin
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