Cisco on Wednesday saw a crushing blow to the rates of its shares in the after hours trading after the company reported its loss in earnings. CEO of the company, John Chambers also sounded exasperated when he stated that he has no idea about the areas where the economic growth is right in the company.

According to Joe Terranova of Vitrus Investment Partners, money managers at present support sell-off. The entire technology sector strated trading lower, as Cisco started to trade lower. It is risky to trade in this sector with the results of Cisco's earnings.

According to Gary Kaminski, a contributing editor of CNBC the Federal Reserve had expressed its concerns on the growth of the US economy and Cisco also showed its hesitation, therefore lots of uncertainties are hovering. He added saying that he was sure of the fact that the rates of interest in the US would remain low for a long period of time.

According to the editor now one should opt for securities from equity income in the likes of investment trusts of the real estate sector.

Terranova has different opinion on trading after Cisco's earnings report. According to him one would now invariably avoid buying cyclical domestic stocks but could look for things that have connection with China, the emerging market.

Lately technology stocks did not move smoothly as Hewlett Packard saw a decline in its share trading with the resignation of its CEO Mark Hurd alleged with sexual harassment.

With HP's share prices falling lots of people made some money, as stated by Jon Najarian of option Monster. According to him people should take advantage of the panic as Cisco will provide people with the same opportunity.