Profunds index and sector trading

[was Steve]

wicked failure of COTL unless we totally melt down into close which seems unlikley. bullishness wins the day today despite the red close in nas. tomorrow i would like to see a down day with a close around the lows of today or at least touch them intraday.

that said i just upped my wifes 401k to ALL in status. half of the money is going into intels stock so it wont be bought until the avg price on friday. there is a delay of one day. that will put her 75% in intel stock and 25% in ndx long.

i decided to make no changes to RE sector since it behaved well finallly. it had gone thru 7 hard down in last 8. this was the first day in whole slide that it went green in am instead of dropping 1-2% in first half hour. total slide for fudn in 8 days was over 22.5%. i am thinking a 1/3 retrace of drop. that would get me to a slight profit if it happens and if i can stay with it which i doubt as i was dying to buy semi and gold sectors today but decided to wait since i think tomorrow is soft.