Profunds index and sector trading

[was Steve]

my 57/43 hedge worked out astronomically well as semis were on fire and non cyclicals did okay too. the hard part to pull off was that RUT was negative. so a net long position of 14% yielded a 1.64% day (estimate). typically i expect .1 to .2% a day in the 57/43 so this is off the charts good.

an equivolent position in ndx 2x long fund would have only yielded .17% or only one tenth the return.

week was flat up until today since i got hammered in shorts on mon and tues. now week ends up above target at around 1.6%.

if you cant tell im quite pleased at this moment