I have been watching Freeport McMoran for a few days now since my post FCX - Measured (bull) Move Over? It sure does appear that da boyz grapped many by their ankles for a 'shake and bake'. This was accomplished via the move down Tuesday (actually a gap) thru the 107.50- 108 area (the shake) which looked to be a legit breakdown only to see a complete reversal yesterday of the prior days action.
I will be watching closely to see how FCX trades the first hour today, in particular how it reacts as it reaches the big gap down from a week ago.
Good speculating to you all and please remember to never forget that "an investor is a speculator who made a mistake and will not admit it".
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