Profunds index and sector trading

[was Steve]

well today was very painful. it was so bad it eclipsed the 3.84% i lost two fridays ago when i was short on the big employment report. so now i start the week with a minus 4.10% monday. pretty much zero chance this week ends positively. also since my long in RE was annihilated i went out with a 5.6% net short position. not exactly where i want to be right now. so, lets just say im not looking forward to the rest of the week.

its not as bad as i started last quarter yet (knock on every bit of wood in the house) but getting close. now down about 7% verses almost 11% by what would be the end of this week. so if i can stop the losses and get a few percent back the balance of this week then i would only show about a 5% drop at the same point as the 11% was in Q1. less than pleased is all i can say