Gurus focused most of their selling fury on technology stocks, starting off in the chip sector by cashing out of semiconductor equipment company Applied Materials (nasdaq: AMAT - news - people ) and integrated circuit maker Linear Technology (nasdaq: LLTC - news - people ).

FORBES: Gurus Snap Up Steel And Dive For Pearls

Besides being bullish on tech bellwethers like Microsoft (nasdaq: MSFT - news - people ) and Cisco Systems (nasdaq: CSCO - news - people ), Gurian also says to buy integrated circuit maker Linear Technology (nasdaq: LLTC - news - people ) and publishing software company Adobe (nasdaq: ADBE - news - people ).

FORBES: Testing Tech's Strength