FCX Long
Most of the miners took a hammering today. As predicted last week, the DXY (dollar) is finding support and pulling back a little. The long term trend is however down and this weak recovery is inconsequential in the long term, but, responsible for the excess volility we see, and speculation by traders. This is what we witnessed at Mkt Opn. Lots of quick bucks made and lost in the first half hour today on those swings.
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