Profunds index and sector trading

[Stock]

re: simple moving averages:

There's been a lot of press recently concerning the fact that the S&P500 has
closed above its 200-day moving average, which sounds a lot more impressive
than it really is. We've done extensive research on moving averages, and as
far as the major stock market averages are concerned, a close above the 200-
day moving average is absolutely meaningless.

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