Profunds index and sector trading

[was Steve]

for those that have the ability to trade intraday, i agree it would be. unfortunately i have chosen to not have that luxury. you can do a quick scan on the daily chart at pivot lows like i am suggesting this is and see how we reversed out of it in the past. mondays were pretty happy days on the way up last year and accounted for about 50% of the whole rally. bulk of the rest came on thursdays. due to that fact, i coined the phrase manic mondays.