Profunds index and sector trading

[was Steve]

we should be near teh lows of the day at around 1410/11 ndx

if we dont rally and close down in this area then i would think we would have weak up tues and wed instead of the proposed mon/tues. i feel even more strongly taht 1450 ndx will NOT be printed intraday again in march. will use whatever bounce we get to get shorts for the trip to lower to mid 1300's next week or two