Bought FCX @ $40.05 (11:20 ET)
October 8, 2008 – 11:29 am
For a short term trade. Stop @ $39 for Freeport-McMoRan Copper & Gold Inc. [[FCX]] .
Disclaimer: Gunslinger trade on a cyclical stock that has been severely pummeled and beaten with a miners shovel. Trade at your own risk.
I thought about FCX, too but it has left more bodies around than Jimmy Hoffa.
October 8th, 2008 at 11:47 amI will wait to see a plunge towards the mid-30’s before I nibble.
Hope you are right.
hows that falling knife feel?
October 8th, 2008 at 12:09 pmOK. That sucked. I got stopped out at $39. I lost my lunch money for the rest of the week.
This shit happens everytime I get bored with a hedged portfolio and want to do a little trade here or there.
Off to do my http://www.crossfit.com workout.
October 8th, 2008 at 12:33 pmbill–
October 8th, 2008 at 12:36 pmhaha. Go flagellate yourself with a lifeless wombat.
Bought FCX @ $38.95 stop at todays low.. 36.99
October 8th, 2008 at 1:14 pmWHY NOT WITE THE PUTS FOLKS THE NOVEMBERS HAVE LOTS OF JUICE….
October 8th, 2008 at 2:13 pmA little while ago, I bought the sucker back at 41.30. Here we go again….
October 8th, 2008 at 2:21 pmOne– good buy
October 8th, 2008 at 2:50 pmAlpha,Is it right time to take profit around 48??
October 9th, 2008 at 9:29 amim out at 46
October 9th, 2008 at 9:56 amMy FCX stop is at 42.50.
I’m going to get at least a buck out of this, to breakeven on the loss I took yesterday when I got stopped out at $39.
October 9th, 2008 at 10:37 amOne–nice. Very nice.
October 9th, 2008 at 10:38 amohh god…..i think i did in right time
October 9th, 2008 at 3:19 pm