Seeking Alpha
  • anonymous#12
    FFIV was sweet for me as I used leverage there. Up 6%. FCX was a very small gain, dissapointed over there.
    12/12/11
    Reply (4)
    • Eric Stalee: FCX has been very strong in the 30s level.
      12/12/11
    • anonymous#12: FCX gapped down. I think there is more weakness to come as China housing bubble continues to affect Aggrgate demand.
      12/12/11
    • Eric Stalee: Yes, it will be weaker but I don't believe its time yet. You could short at these levels and turn a profit later, but its likely to go
      12/12/11
    • Eric Stalee: higher in the next couple of weeks. But when it falls with the market, it probably isn't going to be pretty.
      12/12/11