Tuesday, June 24, 2008

UST Inc. (UST 56.14)

Watching UST for a break above 57 on heavy volume to add another 25% stake, currently holding a 50% position. Get real aggressive with a move above 59.52, the high from Dec. 10, 2007. All time high is 60.71 set Feb. 20, 2007.

Food for thought:

  • If oil rolls over trouble for stocks as a whole?
  • Why are consumer staples trading at a 3 month low?


Consumer confidence tumbles to 16-year low. The reading was the lowest since February 1992, when it was 47.3.

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