Profunds index and sector trading

[was Steve]

CUV providing useful info today. it was a positive .40% but europe gapped down and and is now off over 2/3% on avg. should lead to weakness here as well. our futes are off a few points (about 5-6) but nothing major. perhaps my little 23% short position will make some money. was really hoping for one last gasp up before wed to get fully short. the ideal entry is slipping away if da bulls dont find some way to grab some traction above 1413