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AT&T: Should I Stay Or Should I Go Now?
I bought T at $28 and then another slug at $31. I like what I see, but like you I keep an eye on the growth. While I am in for the long haul, I have the stock with a stop loss, so that if something really bad in the market occurs I can keep some of the growth and figure that I can buy back in at a lower rate. I did this with First Energy and that worked pretty good.
I hope the stop loss doesn't kick in, but if it does, I will be back into T at the right price again. That's my 2 cents.....not sure if it is good logic or not. I have only been trading in the market for less than a year because my wife told me I had to do something with the cash I was sitting on. I have made some dumd moves as well, but T is the best move I have made to date.
Sep 26, 2012. 10:09 PM
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