Profunds index and sector trading

[was Steve]

market launching now for some reason. i thought it was going to do it monday. it looked like it started on tues only to fade away. down is just not allowed right now. at least teh ndx isnt as strong as teh other indexes

looks like the fourth wave was a flat correction instead of teh dip to 1580-90. fifth wave could go another 2-3% on the ndx in a week or so. not a good thing for my short position. i sure hope its an evil fakeout