Profunds index and sector trading

[was Steve]

refreshing to see a man with a plan.

im no EW dude, but it has been my belief for months that we corrected into the march/april timeframe (current targets for lows 1330-1350) and then bounce and actually make new highs. this obviously would require going above your 1460 target and getting to at least 1560. my target timeframe for the peak this year are the july/august timeframe and a WAG at levels is 1650-1730 but i will refine that quite a bit once i see how low we go on this decline and the nature of the ensuing rally.

good stuff, thanks
steve