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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: TimeToMakeTheInvs who wrote (46692)	8/22/2003 2:19:03 PM
From: AugustWest	Respond to of 57110

Anyone into trying to catch a falling knife? FCX(TTM PE @18) got a downgrade this morning based on valuation: (FCX) 29.03: Morgan Stanley downgrades to Equal-Weight from Overweight based on valuation, as the stock has exceeded their former $29 target. http://finance.yahoo.com/mp#fcx Granted it has had one heck of a run as most other diggers But perhaps they are justified based on a rising POG I dunno know. I'm buying a little here 27 1/2 I'll give it 1/4 on the downside for the day