Rexmobile,
I also use the rule of thumb that trout fishing should cease if water temperatures are 70 F or higher.
Trout can and will be active in temperatures higher than that in some cirucumstances, based on factors such as conditioning, aeration, genetic strain, etc. But in general, over 70 F, to the extent of the excess, results in diminishing returns from a sporting perspective, and also from a trout survival perspective.
As for the lower temperatures, it really depends on the stream. Rules of thumb there have to take into account the temperature range for the stream in question, and how its hatches and other aquatic life react to those changes. I again use a rule of thumb of no fishing under about 45 degrees, but that does not mean I wont go out and look for risers to midges and will happily fish in water colder than that if the fish are willing. Some of the big tailwaters don't run much higher than that anyway.
I always carry a thermometer and take readings throughout the day. It does not have to be an expensive thermometer. I think I paid about $2.50 for mine. I got it from a shop but I think it was designed for photographers.
The bible on trout and water temperature is the first chapter of Joe Humphreys's Trout Tactics, Updated and Expanded ed. Strongly recommended.