Sell-off eased (6/17/09)

The sell-off in broad market eased a bit today. Nasdaq even made a small gain. S&P was in the worst shape of the 3 major indices: it broke the support of 919 yesterday. Tomorrow is RIMM's earning release day. It'd be interesting to see how it did in the past quarter to shed some light into the strength of high-end tech devices in the recession recovery. It's been dropping the last 4 consecutive sessions. But any earning surprise will set the stock on fire. Confession: I have 12% position in RIMM.
Anyway, to reduce risk in the market sell-off, I've cut my total stock positions to 75%.