HAPPY NEW YEAR: ARE YOU READY?

Happy New Year all...WOW...it was a fantastic holiday and to be honest i got a bit bored towards the end there...couldn't wait to get back to trading. It's a new year with new opprtunities and please don't get left out in the cold like last year...Get on the mailing list!.

Looking back at 2010 and it's pretty clear it was a difficult and slow year for trading..there are some mega trends that have been set and should we continue i think 2011 will be a lot easier for us all. Let's just pray we have no maga 'flash crashes'.

This year i'm sticking to Geppy predictions and commentary to keep it simple as updating the blog is becoming ever more difficult. Now back to geppy.....We have clearly been having some kind of consolidation in the last 4 to 5 months and my money is we continue that trend for a while at least...i am going to use the first couple of months or so to short the hell out of geppy if we get upmoves towards the 129/300 zone that fail to continue.. However if the daily closes above this zone and we don't make a lower low..then my bias will change to bullish.

So in brief..i'm technically still bearish..based on continuation of the trend. As usual i will send out PPS to subscribers so make sure you are on the  mailing list.

Happy Pippin