Sector rotation...

Tech leaders are getting slammed today - look at FFIV AKAM RVBD VMW RHT CRM BIDU TDC NTAP CTXS etc. ( QLGC RAX ISLN ELX N )

Watch for - CTSH INFY ACN IBM KLAC JNPR SMH PFCB NTGR BWA NKE

While Energy, Cyclicals and Transport are making new highs ... e.g., FCX MMM UNP CSX COP CVX GWW CMI BUCY KO PEP VZ FLR AMSC BEAV

Watch for - GVA MLM VMC CAT CRK APA coals and Nat gas players, PDE, APC BP, XRT