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.