Profunds index and sector trading

[was Steve]

last week i decided to open another profunds account. i mailed out the application/check on friday morning and it was opened up yesterday so i started it with my 57/43 hedge. long is EN secor and short is ndx. so far today EN is up 1% and ndx up 1.8%. one of the sweetest things in life is a hedge that makes money on both sides.

this wont be incorporated into my annual results as it is a separate entity. wifey wants a new car, so i have 3 months to upgrade her from a honda accord to a bmw convertible. fingers crossed.