Profunds index and sector trading

[was Steve]

i left out a digit. my post should have said 1500 not 100 point run

yes those are all good points too. i would toss in AAII's survey with a whopping 60% on the bulliish side of the fence. so many things do support something more than a little dip to buy, but for reasons mentioned earlier, i dont want to lean too hard in either direction just yet. it may turn out to be a perfect time to do so, but im still healing my wounds from my recent 4 plus week short, which makes me more cautious than usuual