Wednesday, August 8, 2007

USEC Corp

While I had expected USU to decline all the way back to 14 1/4, there currently are some very strong indications that the entire corrective decline is over.

With this information in mind, take 1/2 of your position at current levels and should the stock ultimately fulfill its 14 1/4 target then the other half of the position can be put in place.

The upside potential of this stock is huge and I do not mean a double or a triple, but more!

Take a look at a 2 year chart of TNH (which is also nearing our buy range) and you will get an idea of exactly how powerful an advance is possible with USU. Now everything is never etched in stone and we must always buy and sell stocks according to what the market dictates, but the risk to reward on USU is great! Not bad Long Term Fundamental prospects either.


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