Profunds index and sector trading

[nuclearpayload]

Hey, Steve, aren't we both glad we resisted the temptation to bottom fish the PR sector. For me, it was a lucky coin toss. Haven't decided yet whether to bail on the NC position. Leaning toward keeping it.

For anyone interested in some EW, this rally has the look of starting the wave 3 (specifically, wave 3 of 5 of the whole move up from October 2002). I know that is not a popular view, as it implies taking out 1440, 1520, and, unless truncated, even 1560, but it's there and it has the look.