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[hiker]

last week I said I was scaling into FCX short for weakness that may occur this week.

I closed FCX short yest and today....see 72 to 73 horizontal zone on daily -

http://stockcharts.c...allery.html?fcx

one of the company execs. exercised options and then sold right at the historic top of $80 last week.

My friend that has been holding FCX since about $13 placed a 1% trailing stop on her shares at my suggestion last Friday and exited in the 79's.

some day will be a good long entry.

Edited by hiker, 08 June 2007 - 11:05 AM.