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Quarter-End Mark-Ups Will Lift Software Plays Yet Higher

By Jim Cramer

 About this article:
 Does it even matter if tech stocks are high right now? Earlier this morning I penned a piece about the amazing rally in software stocks, one that you can follow along in the iShares Software Index Fund , the ETF that corresponds to the rally in the North American software index. The fact that the group is on the move and seems overextended may not be as important as where we are in the calendar. We have two weeks to go in this quarter, which is a remarkable recovery quarter for the market and a total bull market quarter for many software plays, including Oracle , Adobe , Intuit and McAfee . The fact that they have had monster runs usually would bring out short-sellers. But there's no real catalyst right now for the decline other than valuation. There will be no reports that will send...

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