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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?


To: KM who wrote (1534)7/2/1998 10:16:00 AM
From: Ian@SI  Respond to of 4298
 
T,

That's the nice thing about the Dow Dogs approach. If T doesn't go up by November enough to remove it from the high yielders, I just keep it for another year. The penalty: No commissions for a buy/sell transaction and no capital gains tax paid and I continue to enjoy the dividend while waiting.

I can live with that. :)

Ian.



To: KM who wrote (1534)7/2/1998 11:40:00 AM
From: High Grader  Respond to of 4298
 
T has penetrated the bottom formed at 56. So the abc pattern we were looking at in the last chart has become an abc of a lesser degree. Making the last low point A, the last high point (58.9375) B, and wave C still remaining to finish off wave Y. The lower targets for Y, the end of wave IV (see previous charts) now become the focus points. An updated chart will be posted tonight.

elkvalley.net