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Month July 2009

Entries 3 Total

Red Hat, Inc. to Replace CIT Group Inc. in S&P 500

Jul 20, ’09 12:03 AM

First congratulation to RedHat; a testament to the growing importance of its contributions to businesses.

Red Hat, Inc. will replace CIT Group Inc. in the S&P 500 after the close of trading on July 24

http://www.reuters.com/finance/stocks/keyDevelopments?symbol=CIT.N&timestamp=20090717215400&rpc=66

Are we also seeing a sign that tech stocks are replacing financial institutes on the indices. First we have CISCO (CSCO) and now RedHat (RHT).

Is this also a sign that tech stocks may be the leaders in the next rally?

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RightNow Technologies (RNOW) : Bullish indicators

Jul 15, ’09 10:23 AM

RNOW has a nice little rally for the past 2 days.

1. On the daily chart, it scored another new high for the year; breaking through $12 on high volume

2. We can also see that the leading kumo is shifting its gear and going to trend up even more; a sign that the momentum is gaining.

2009Jul-Rightnow Technologies Inc-800x600

3. On the Weekly Chart, it has break through the kumo resistance, and is now sitting on top of a very thick kumo; a sign of support.

2009Jul-Rightnow Technologies Inc-800x600_Weekly

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Short Hedge on ARE by Jonathan Moreland

Jul 10, ’09 1:21 AM

Read more on shorting REITs by Jonathan Moreland.

In the article he summarizes quite well on why a ‘short’ may work for ARE. At the same time, he acknowledge that if the indices continue its rally, the short may not work out.

I think it is a fairly good read, summarizing most of the stuffs that is mention on Stripnomics as well.

Article at : http://www.thestreet.com/p/_yahoo/rmoney/investing/10536500.html?cm_ven=YAHOO&cm_cat=PREMIUM&cm_ite=003190

Coincidently, Stripnomics updated some information on ARE.

http://www.stripnomics.com/ares-mission-bay-center/1000

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