FCX Chart has already rolled over.. selling has begun in an orderly manner. Probably will see $100 and then $80 this month. That would make them right in the near term. I'll buy back in when they downgrade it to sell in the high $70's.
that may be the case from a technical outlook. However, "big picture" forecast is too compelling. Market hasn't absorbed full expectations for FCX and other commodity stocks. The only metric we really need is COMEX copper price. At this level, it's only a matter of time before the majority of interested investors see the value of this stock.
...still standing by my albeit humble prediction of ~$200 /sh.