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GP & IP Charts

 
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arthur
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PostPosted: Sat Jan 29, 2005 6:39 pm    Post subject: GP & IP Charts Reply with quote
GP reports earnings Tue and IP reports earnings Thu. GP fell sharply over a week ago on a profit warning. It was upgraded the next day. However, it then resumed the downtrend. GP Feb calls may be a buy before earnings, since the low RSI is compelling. It's possible GP will fall on earnings and then rally. IP Feb calls may be less risky, since it may not have the extraordinary problems of GP and may benefit more from foreign exchange rates.


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