Profunds index and sector trading

[sandw]

Loren - position trade - One definition

position trader
Commodities trader who, unlike most traders, takes a long-term, buy and hold approach. In commodities trading, "long-term" refers to holding until the delivery date is close, usually 5-7 months.

http://www.investorwords.com/cgi-bin/getword.cgi?3751