Profunds index and sector trading

[Namiar]

It will be about $65. Actually, if you remove cable modem rental fees, the difference is $65 vs. $82. So it is not as dramatic as I initially reported.

BTW, I was studying my historical data last night. The "jello" situation that the markets are currently mired in was repeated in the mid/late 90's.

I define "jello" in terms of average daily volatility. Currently the 40DMA of volatility for the NDX is 0.95%. Meaning the average daily move of the NDX is 0.95%. This is not intraday swings, but a close to close measure. Volatility has actually been hovering around 1% for most of the year - with a spike to 1.25% in late April/early May.

The problems I am having with my current scalp, there were several duplications of this problem in the 1996 to 1998 time frame. I tried out a few things that will cut back on long exposure during jello periods. Looks promising, boosted overall returns by 10%. Basically targeting about half a dozen quagmire scalps, mostly from the 90's.

But I will wait until this scalp has ended before implementing anything - do not like to change strategies mid stream.