Time 11:33

Stocks: FDP, PCU, FCX, SLT, HES, GDX

FDP: Add 50% to the position on the next 60. min. buy signal

HES: Wait for 60 min. signal and add position

PCU, FCX, SLT: PCU EPS not good because of strikes and other Latin American problems. This is holding the stock back today. However, these problems are good for the overall industy and should add to the value of FCX SLT. So lets reduce our position in PCU and sell all if closes below 20 day MA @ 117.20 and add to FCX & SLT both of which have recently given 60 min. buy signals.

GDX: Want to stay short thru FED meeting on Wed. but 60 min. starting to look sold out maybe signalling rally comming. However, daily is still very negative so hold the line for now but look to reduce hedge in the near future.