Profunds index and sector trading

[was Steve]

i have a limit order in to buy back my drooy shares at 3.18 for today. they were sold on friday pm for 3.30. i dont know if they get there, but if they do i have a feeling they may not stop there so i may chicken out dependign on how the day shapes up.

this is not the expected shape of the day from friday. was looking for a general/gradual rise over today and tues to get maybe 10 pts higher on ndx. lots of ground to make up to get a close by tues at 1441 now.

europe had a CUV of positive .44% and they sold off from their opening bell. i guess the terror threats are weighing down on them after a weekend to sink in.

as long as ndx does worse than rut i will make a little dough today as i am in a hedged position. so far so good with ndx down about .4% more than rut so looking at a .2% acct gain. which would be very good for a full hedge

IN EDIT: and not 5 min later ndx gets a jam job and erases that incrmental gain. rut tends to move more one directional and reverses slower but should catch up later.