Profunds index and sector trading

[was Steve]

the sox dropped hard yesterday and is pretty much lifeless after a pop this am. should market tank in pm and semis hold up better then i will look to getting some of profunds sector fund.

in this crazy rally that we are in, a fallen sector gets bought up after a few days. semis should be getting close. things rotate when other sectors are pushing up the ceiling. money flows to others that have pulled back some. so if i think tomorrow is going to be up then i would move in. if im thinking down (ndx close under 1530) i would probably pass on the sector long.

good luck to us both and all others