Pick one.  Doesn’t matter which one.  Tomorrow you can pick the other.  That seems to be the case in the past week and if you don’t mind selling IBM one day because you are certain techs are failing and buying EBAY the next because you like their leadership, this market is for you (not for me.)  It’s always tough during earnings season to avoid knee jerk reactions one way or the other and this quarter is no exception.   For my part, I am trying to ignore the day-to-day moves and it’s getting pretty nutty.  I lean on one theory of mine at times like this… increased volatility (like switching from “Wreck” to “Leadership”) usually signals a change to prevailing trends.