All Indices DOWN .8% @ 11.30 AM

After two hours of depressing trading.......DOW,NASDAQ & S&P are all down .8%.

This morning's weakness is attributable to Lower Productivity and higher than expected inflationary deflators.

Above means that there is an ongoing pressure on wages....ABOVE the comfort level of Feds.

I booked profit in NVDA as it reached its minor resistance @ $36.96 based on my calculations.

Bought RIMM & NMX few minutes ago.....on this selloff.

Added more UXG also.

After all the buy & sell this is how my portfolio stands:

RIMM,NMX,SNDK,JNPR,STP,UXG,PDN.TO,RAL.TO.

I always feel any major selloff is an opportunity to look @ your whole portfolio and compute RISK/REWARD ratio....and act accordingly.

Todays GREEN stocks so far into 2 hrs are:

NVDA,SNDK,JSDA,AAPL,QID.

Weak stocks are all over the place ..........so no point in mentioning it.

Do not be depressed with today's tape......do some SWITCHING and get EVEN $$$$$

Good luck on rest of the day..............it may remain challenging..........

BLOG does not give buy or sell.

Saleem