Profunds index and sector trading

[Namiar]

Hey Steve,

Maybe I can offer up some words of hope for tomorrow.

I went to cash today based on an OB signal. I ran these number at 12:45 PST. I just ran the latest numbers at 1:15 and got a deeper OB signal.

In my latest trend testing experiments, as you know I set the next days position based on 5 market variables. That model is set up to go short every now and then during deep OB situations. Where the level of OB is varied to adjust for "hotness" of the Bull market. When the model goes short, the signal it is about 80% successful that the next day will be a downer.

Well, despite the current hotness of the market, it looks like I've got a short signal for tomorrow. But I will need to wait for Stock Charts to post their internals numbers in about 30 minutes in order to confirm the short signal.