Monday, June 4, 2012

Monday Afternoon

T Daily Chart (11:45AM)
Is it  extended?  Yes.  Overbought?  Yes (Stochastic = 76+.)  Nice dividend?  Yes  (5%+.)  Recession proof?  Sure looks like it.  At a good buy point?  Not really but it just doesn't want to come down.  The Bollinger bands are expanding again.  Does Gator own it?  No.  Dumb ass?  Duh!