Freeport-McMoRan (FCX)

[peng]

It very much depends on the price action in copper... tick by tick... if copper opens flat to slightly higher, then moves higher... FCX could continue the charge to $70, however, any shot below $3, could spell below $60... so, to hold FCX at this point does tend to favor the riskier side... but with a healthy reward... and minimal downside if you got in toward the mid $50's couple weeks ago!