Look at most of the warnings, they continue to be in the technology sector.
Ben Hock
Clearly, investors were not expecting bad news from IBM.
bad news
We continue to underestimate the move to a service-oriented economy. The traditional manufacturing side of the U.S. Economy will continue to shrink.
economy side
It's notoriously a very volatile number, but it went to record levels just a scant year ago.
technology warnings
Tech and telecom are undergoing a substantial re-evaluation in the marketplace.
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