Cameron - Yay!! Gypsy is SUCH a pretty rose (
http://www.helpmefind.com/rose...). You stated that you're soaking it 'cuz it's a bareroot. Did you buy this in one of those bags? Make sure that you give it water weekly & feed it (Zuzu puts a banana peel in the hole before she puts the rose in for the potassium) gently as the roses that come in "bodybags" usually don't have a strong root system. I would also mulch around it to protect the base from the heat.
Welcome to the prettiest addiction you can have!
With roses, you'll find that you can't have just one!