Profunds index and sector trading

[was Steve]

earlier gains reduced somewhat from the .91% i was up earlier. looks like .67% gain on the day and another ATH so thats still cool. switched LA short to LA long and China long to china short. moved WC to TL and divied up ndx short into ndx rut and mid shorts in equal amounts.

left overall position the same at approx 8% net long just in different funds. INTC sent futes flying in AH and NDX gapping up like i thought it could on the intel news. indexes are now pointed to new highs without going down to target ranges i had below last weeks levels and plays will be primarily from long side.

that said we are looking at a nice risk reward on a one day short assuming tomrrows gains hold up