Stocks selling off on Greece & Portugal downgrades....

Indices are down around 1.50% based on Junk status for Greece by S&P......

Portugal also downgraded.....

Gold UP $6.30

Oil Down $1.90

Canadian $ Down 1.56 cents steepest drop since reaching parity....

VIX shot UP 20.84% to 21.11......

In my portfolio :

Sold CRUS

Sold LDK

Bought CIEN @ $17.87

Bought TER @ $12.77

Portfolio is CIEN,RFMD,RIMM,TER......

RFMD reports AH...expecting a beat & higher than consensus guidance....

CRUS had a beat on Sales & EPS & guidance was way above consensus......Stock UP more than 13%.....

Most stocks are down.....

@ 12.37 following are green :

CRUS,GS,EGO,QID,VXX,VXZ,GG,SNDA,VLO,SNE.

BLOG does NOT give buy or sell.

Saleem