We're clearly in a tough market here where the path of least resistance is to the downside. However, there are still stocks in select places that are very strong and coming to a point where you can buy them.
FCX shedded nearly 8 points off yesterday and is looking like it will come down further. I would look to buy the stock off the 200 sma which has provided support previously. If it drops a percent or so below, stop out.
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