Weakness may have to do with the raft of recent tech IPOs. So people are selling frothy tech stocks to buy even more frothy tech stocks. The only tech stocks I can see offering reasonable value are Apple and IBM. Apple I am skeptical they can keep shoving overpriced handsets, pods and pads down people's throats, particulary Australian ones. Pretty soon to be a commodity company imo. IBM has delivered 6 consecutive quarters of revenue so not going in the correct trajectory.