Profunds index and sector trading

[was Steve]

i didnt have one yet either, but went ahead with a position sized such that i could add without much pain if it dropped. the fed was a total crapshoot for gold/dollar but a quick two day 6% drop in the index and an approacing buy signal warranted a trade attempt so i took it.

if they gain their composure and finish around flat to minus .5% today i may just add more to the position for friday. lot of day left and anything can happen (especially with the miners)