Profunds index and sector trading

[otraque]

<<The "probability" has increased dramatically that Wave 2 of C has been completed in the DJIA, SPX, NASDAQ, and NDX. The markets are now set-up for substantial DECLINES over the next few months (into late August) as Wave 3 of the Same Degree unfolds. This coincides with completed corrective patterns in markets around the world; for example, with the Nikkei at or near completion of Large A-B-C correction since 7600 that is Wave 4 of C of its Thirteen (13+) FIB year decline from its All Time High.>> major call,JAI.:)
You are roughly one month to 6weeks ahead of me here.
I will have to look sharply to think do i or do i not change my present view.
I would stand rock solid behind my position right now that new highs will occur within the next month or so BUT events in Iraq that i expected to develop roughly Mid May have started early.
I expect an UP day on Monday if exogeny is not effecting the Market.
If we have a bad day Monday exogenous events are hitting the market.
Thursday tailing off was pre long week jitters over Iraq.
Monday will tell me whether the market will make a Bull statement by disregarding Iraq.
Or a bear statement by being ugly.