should hold or exit IT stocks?

Till Yesterday, with results posted by most of IT majors, I felt like to hold for another week, but with sub prime issues in US and slowdown, these stocks are not able to sustain.

Todays Top Losers from moneycontrol.com
* TCS price 887.05 -10.63%
* Wipro price 430.70 -5.06
* Satyam price 435.85 -5.03
* Infosys price 1598.90 -2.81

Also the rupee apprication made IT major to cut their earnings.
All IT majors say they expect bounce back from second half in current fiscal, but it depends on US slowdown moves and rupee apprication,

Best advice could be to switch to other sectors like, pharma, power and infra, and come back to IT sector after Q2 result announced.

Watch out... IT stocks...