My statement of the market potentially falling back was just a hunch that somebody would get up there and say that all is not solved, and that a true vote on debts and taxes is still pending. This stock market is fragile. Not so much T, but if you think this market is headed up in a straight line, you are naive marketeers.
Maybe not AT&T. DowJones announced this morning "AT&T Inc. (T) will webcast a keynote address by John Donovan, Senior Executive Vice President -- AT&T Technology and Network Operations, at the Citi Global Internet, Media & Telecommunications Conference in Las Vegas on Wednesday, January 9at 8:15 a.m. PT. The webcast will be available live and for replay at AT&T Investor Relations." Of course January 9 is over a week away but AT&T is due for a major run up and is up 2% today after trading low all last week and Monday.
Yep, hard to understand what there is to be so giddy about. I received a lovely e-mail from my liberal congressman telling me what a great job he did for me over the last several days. I sent him a scathing response. Fat lot of good it will do, but I feel a little better.