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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