I want to add more shares of Lorillard $LO here on the 20 day mavg but will wait for the confirmation signal, (bounce and hold the 20) first. This tobacco (defensive) play is still yielding a 4% dividend, despite its huge run as of late from the merger talks between Reynolds $RAI and Lorillard $LO, and will generate more income for the portfolio.
Regards,
Todd Akin
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