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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT) -- Ignore unavailable to you. Want to Upgrade?

To: Whitmore G. who wrote (831)	8/25/1999 9:59:00 PM
From: Nelson Chang	Respond to of 1794

Now that the Fed has tightened and has hinted that it may leave the market alone for the rest of the year, cash is going to be put to use. Oil has taken a friendly turn as well. In a rising interest rate environment, people look for value and low multiples. Now in our current environment, you can bet people are going to have to pay up for growth stocks. And they will. >>>Very useful,,keep it coming. I was stopped out at 75 today for a nice profit. What is your call for a reentry point?<<< You seem to be doing fine on your own. Like I said before, in a trading range you either buy at the bottom of it (setting a stop in case of a breakdown) or buy on a breakout.