Carborundum was give a very good breakout of major resistance and cup handle pattern which give a very bullish signals buy it . Today it close above 920 but tomorrow market open with gap down which give us opportunity soo buy it .
Buy carborundum at 884-918
Target 962 1012 1034
Sl 808
650 for the longterm players
Long term Target 1200 1500 1800
AT&T rewards shareholders with what is likely to be a great dividend even after the anticipated cut. Its Time Warner spinoff makes business sense and should help it reduce debt.
We noticed the same blah market reaction after Ford Motor reported earnings a while back.
Scaling into a $T position by writing puts could make sense here.
