The tech sector seesawed back and forth all day before the closing with a small gain (chart above). Mcrosoft, Intel, Apple, and Cisco were strong. The next move depends on Dell's earnings scheduled on Feb 26. For now, analysts have cut estimates on Dell and lowered the price targets. So, the current expectaitons are very low. We expect the tech sector is poised to stay in a wait-and-see mode untill this date as large traders need more reasons to move higher.
