We were too excited about the news concerning Hewlett-Packard and had not expected a fall in the Nasdaq.

Tech plays are destined to be thrown away today after the Nasdaq. It's unavoidable whether we like it or not.

It is a relief for both Japanese and U.S. investors that the Nasdaq has hit a floor.

Investors are anxiously awaiting tomorrow as the data could increase volatility in the currency and other markets.

The market is looking at other, more important things -- U.S. interest rates, corporate earnings, China's economy and so on.

I see no reason to buy banks now. Their fundamentals are shaky with bad loans and companies are stepping up selling of bank shares ahead of the September implementation of mark-to-market accounting rules.

The Nasdaq slipped below 1,300 yesterday and that means the market has returned to the level when Federal Reserve Chairman (Alan) Greenspan warned of inflated U.S. stock prices as 'irrational exuberance' in 1996.

The Nasdaq market's sell-off was a disappointment.

Apparently investors are finding it quite difficult to take positions either way now, with some important factors like earnings and U.S. rates up in the air.