Profunds index and sector trading

[was Steve]

the ndx chart is a nice addition. the way i see it about a million things could happen early next week.

1. we blast right thru and dont come look back.
2. we get thru on monday and retest on tues leaving eveyone guesing
3. we pull back for a day or two then make a run at the highs where we linger to make everone guessing
4. we dump far enough to call the top officially in and we roll down for a month to one and a half or so in an intermediate downtrend.

i think 2 or 3 are the most likely.

steve