1.   Investors had been bidding up safer blue chip stocks, believing that they remained relatively intact and that riskier technology issues suffered the brunt of slower economic growth.

2.   Investors had been bidding up safer blue chip stocks, believing they remained relatively intact and that riskier technology issues suffered the brunt of slower economic growth.

3.   So they took money out of government bonds and moved it into riskier technology stocks.

4.   The riskier technology sector rallied even harder Tuesday.

5.   The riskier technology sector, where earnings have suffered the most as the economy slumped, rallied even harder Tuesday.