Profunds index and sector trading

[was Steve]

very strong bounce in asia and europe. im in no hurry to start adding on shorts. actually i believe the retest of the lows came on the 19th. the ndx had so much rel strength that it didnt get all the way to the lows of 13th. i really was hoping for the last leg down to lower lows to pop in wifeys 401k money but it appears i may not get the chance. the gold sector isnt off the map yet and that may be where i end up putting her in a few weeks time.

tues and wed are key and could send the markets so it is wise to be cautious around those days