Profunds index and sector trading

[was Steve]

despite being net long 9% i am slightly red on the day as my big long in telecom is underperforming. i will need it to rise relative to mid rut and ndx to keep teh green streak alive. LA and CN are doing their thing as LA is up more than CN short in that hedge though the gap is closing on that too.

day is early, but i do expect markets to hold these gains at the close setting up a short term short oppourtunity