I'm thinking of buying into one or more of the following:

As per my 'Motley Fool e-mail':

In fact, I think the British consumer could awaken to improving conditions a lot sooner than some City analysts are expecting.

And when conditions do improve, we'll start to see more people loosening their belts and spending a little more on their weekly shops.

At this stage, even a small improvement could mean a big difference for the likes of Tesco, Morrisons and Sainsbury's.

All told, I think all three supermarkets look good value today and should deliver healthy gains as they recover in the years to come.

These are all pretty near rock bottom and pay good dividends too. Any thoughts anyone?

Ironically, I sold half of my remaining TSCO holding to buy PHNX.

Midday report

USD PPI m/m 0.5% 0.1% -0.1%

USD Core PPI m/m 0.6% 0.2% -0.2%