Profunds index and sector trading

[was Steve]

well not intentionally. i did try to close out the trade and go to cash, but was about 30 sec too late. Its very weird, when i added additional dram to my computer, my computer clock stopped working. it randomly moves about (like the stock market). very frustrating. i have almost got used to not using it but i havent fully gotten used to the different cut off times for trades at profunds from rydex.

If we indeed still are in bull mode we should close green tomorrow. but like you said if we dont then this is a failure of a buy signal and bull is toast. I did want to maintain a short position at these levels, but am also bored stiff of three consectutive closes on spx within one stinking point. i think there is a decent chance for green tomorrow and it could even be substantial. that said asia is pretty red tonigt. tomorrow may well be the day the dam breaks and we get some real selling. we will find out soon enough.

should we drop tomorrow, why wouldnt you go short instead of to cash?
steve