Share prices fell in knee-jerk reaction to a retreat on Wall Street overnight. Investors also took a breather after the benchmark Nikkei index added more than 200 points yesterday.

The numbers weren't that big a surprise. It's just that investors are very cautious about high-techs at the moment and sensitive to anything that sounds negative.

The numbers weren't that big a surprise. It's just that investors are very cautious about high-techs at the moment and sensitive to anything that sounds negative,

It's a knee-jerk reaction to a surprise.

The market took a breather as investors believed share prices surged too far, too fast in recent sessions. Most market participants were also taking to the sidelines before the release of US employment data later today.

in the short term we could see a knee-jerk reaction higher.