Looks like T, along with the market, is recovering from the excessive exuberance of last Friday. T closed right on the upper Bollinger Band Friday and will very likely fall back for a couple days but the longer term trend is up. My target for May is $40 and some analysts think we could go as high as $44 this year.
Wilkie, this looks like a time capsule. We don't see you for a week and you resurrect your on the money 40.00 price call from February. I remember that post clearly. Bollinger Bands and all. Not to forget the Stochastic's, 200 DMA, etc.
So now that we know you weren't ridiculous with that prediction, how about an update on your ADP that I have asked you for several times? You're not shorting are you?
Today's action is not terribly impressive. Indexes through the roof and only lukewarm price movement
so far. How do you account for the lack of stock price increase with an in-line report due later today? Do we zoom past 40 tomorrow, or what?