Great earnings announcement from IBM rising 6%, Intel, and Yahoo! after hours. This is bullish for the market which has seen problems in the financial market with sub-prime loans. The tech sector looks like it will be a great Q4 which is often the best time to buy tech. I am looking as strength in CSCO which raised guidance in the last earnings release. I am long this market.

Look as the huge price spread of Yahoo going from $26 to $29 rising more than 10% in after market hours. This will run to 31 to 33.